Australia's Metarock Group at more than 3-month low as ops suspended at onshore project

Mastermyne

01/07/2024 04:10

** Shares of Metarock Group  MYE.AX  fall as much as 15.6%
to A$0.190, hitting its lowest level since March 15
    ** Stock on track for worst day since August 22, 2023, if
current losses hold
    ** Coal miner confirms all Mastermyne project employees are
safe following incident at onshore Grosvenor steelmaking coal
mine on June 29
    ** Anglo American PLC  AAL.L  suspended production at its
Grosvenor mine in Queensland, Australia on June 29, following an
underground coal gas ignition incident
    ** Around 1.4 mln shares change hands, compared with the
30-day average volume of 132,875 shares
    ** Stock has risen 80% this year, as of last close

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((shivangi.lahiri@thomsonreuters.com))