Australia's Rarex hits 2-week high on copper-nickel discovery at Niobe project
03/11/2026 02:16
BUZZ-Australia's Rarex hits 2-week high on copper-nickel discovery at Niobe project ** Shares of Rarex Ltd REE.AX rise as much as 10% to A$0.011, their highest level since October 14
** Stock logs six consecutive session of gains
** The diversified miner says maiden drilling at its Khaleesi Project in Western Australia confirmed a copper-nickel sulphide system at the Niobe prospect
** Plans to begin an induced polarisation survey at Niobe in November to target higher concentrations of copper sulphides
** YTD, stock down 57.7%, including the session's moves
(Reporting by Paridhi Minda in Bengaluru)
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