Australia's Pacific Nickel Mines jumps on Solomon Islands project update

Pacific Nickel Mines

14/12/2023 01:34

** Shares of Pacific Nickel Mines  PNM.AX  rise as much as
10.6% to A$0.094, posting their biggest intraday pct gain since
Sept. 28 
    ** Stock hits its highest level since Nov 28
    ** Nickel explorer and developer says Kolosori Nickel
Project in Solomon Islands is fully operational
    ** Says first 60,000-tonne ore transport ship has been
booked via Glencore International AG and is scheduled to arrive
at Kolosori on Dec. 19 
    ** Stock up 2.4% this year, as of last close

 (Reporting by Neha Soni in Bengaluru)
 ((Neha.Soni@thomsonreuters.com))