Australia's Orion Minerals rises on acquiring surface rights at S.African project
23/01/2024 02:46
** Shares of Australia's Orion Minerals ORN.AX rise as
much as 7.1% to A$0.015, their highest level since Jan. 11
** Diversified metal explorer reached an agreement to access
& acquire surface ownership rights of properties owned by South
Africa's Mora Plase Pty Ltd
** Adds to acquire 12,156 hectares of surface rights at its
Okiep Projects in South Africa
** Acquisition clears way for drilling to provide additional
resource classification geotechnical & metallurgical zonation
information for New Okiep Mining Project - ORN
** Stock went down 12.5% in 2023
(Reporting by Roshan Thomas in Bengaluru)
((Roshan.Thomas@thomsonreuters.com))
Recent news on Orion Minerals
See all newsAustralia's Orion Minerals rises on Glencore funding for South African mine
Brief: Orion Minerals Secures $40M Glencore Funding For Prieska
Brief: Orion Minerals Says Tembo Capital Mining Fund Ii Disposed Of Its Holding In Orion
Australia's Orion Minerals annual operating loss narrows
Brief: Orion Minerals Says Glencore Prepayment Financing Agreement Progressing