Australia's Red River Resources rises on offtake agreement with Glencore

Red River Resources

25/06/2021 03:59

** Gold miner's shares  RVR.AX  gain as much as 5% to A$0.21
    ** Company says it signed offtake agreement with a unit of
trading and mining giant Glencore  GLEN.L  for gold concentrate
produced from Hillgrove mine in New South Wales  urn:newsml:reuters.com:*:nASN001DER
    ** RVR says started trucking its first load of gold
concentrate from Hillgrove to Glencore on June 18
    ** Red River Resources shares down 28.6% this year, as of
last close

 (Reporting by Aditya Munjuluru in Bengaluru)
 ((aditya.srivastsav@thomsonreuters.com))