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RAS — Ragusa Minerals News Story

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Basic MaterialsHighly SpeculativeMicro CapSucker Stock

Australia's Ragusa Minerals jumps on approval of Zimbabwean gold project

** Shares of Ragusa Minerals Ltd  RAS.AX  jump as much as
5.5% to A$0.096, their highest since Sept 30
    ** Gold explorer says Environmental Impact Assessment
approval received from Zimbabwe's Environmental Management
Agency for a period of two years  urn:newsml:reuters.com:*:nASN001QHK
    ** Approval received to conduct gold mining and processing
operations at RAS' Lonely mine gold project including the
Tiberius prospect in Zimbabwe
    ** About 1.1 mln shares change hands, 1.9-times the 30-day
avg volume of 588,886
    ** Stock has risen 8.3% so far this year

 (Reporting by Aneetta Thomas in Bengaluru)
 ((Aneetta.Thomas@thomsonreuters.com;))

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