Australia's QMines jumps on $10.7 million investment from QIC Minerals

QMines

20/04/2026 03:37

** Shares of QMines QML.AX rise as much as 25% to A$0.06, their highest level since March 18

** The gold explorer announcesA$15 million ($10.73 million) investment from QIC Minerals and Battery Technology Fund

** Investment to accelerate its Mt Chalmers copper and gold project

** About 4.8 million shares change hands, 3.1 times the 30-day avg

** Stock up 14.6% YTD, including the session's moves

($1 = 1.3982 Australian dollars)

 (Reporting by Anjali Singh in Bengaluru)

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