Australia's Ragusa Minerals climbs on rare earth discovery

Ragusa Minerals

06/12/2022 24:54

** Shares of mineral explorer Ragusa Minerals  RAS.AX  rise
as much as 31% to A$0.190
    ** Shares set for their best day since Nov. 30, if gains
hold
    ** Co says initial assay results from its Burracoppin
Project in Western Australia returned high-grade rare earth
oxide mineralisation
    ** Adds results received to date also indicate that
Burracoppin Project contains "exceptionally" high-grade alumina 
    ** As of last close, stock up 83.5% this year
 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))