Aussie gold miner Orecorp gains most in 6 months on Tanzania license

Orecorp

09/12/2021 02:51

** Shares of Orecorp Ltd  ORR.AX  jump as much as 14% to
A$0.775, set to mark best session since June 3 
    ** Gold miner says Tanzania government approved special
mining license for its Nyanzaga Gold Project in Northwest
Tanzania  urn:newsml:reuters.com:*:nASX9Hq23Y
    ** The license will be issued to co's joint venture with the
government, Sotta Mining Corp
    ** Stock hits highest since Aug 4 
    ** About 1.6 mln shares change hands vs 30-day average
volume of 276,002 shares 
    ** As of last close, stock has dropped 3.8% this year

 (Reporting by Navya Mittal)
 ((Navya.Mittal@thomsonreuters.com;))