Australia's Eagle Mountain Mining soars on JV deal with Nittetsu Mining

Nittetsu Mining Co

21/04/2026 06:54

** Shares of Australia's Eagle Mountain Mining EM2.AX rise as much as 25% to A$0.01, their highest level since January 30

** Stock set to log steepest intraday pct gain since March 31

** Precious metal explorer signs binding agreements with Nittetsu Mining Co for Oracle Ridge project

** JV to be 80% owned by Nittetsu Mining and rest by co

** About 20.9 million shares change hands, 9.2 times the 30-day avg

** Stock up 11.1% YTD, including session's moves

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))