Australia's Resource Mining eyes best day in 3-1/2 years on gold find in Tanzania project

Resource Minerals International

12/03/2024 01:48

** Shares of Resource Mining Corporation  RMI.AX  rise as
much as 150% to A$0.040, set for best day since Sept 18, 2020,
if gains hold    
    ** The minerals explorer says significant copper-gold
discoveries at Mpanda project in Tanzania
    ** Co is awaiting assays from other potential significant
anomalies    
    ** Stock at highest level since Oct 10, 2023
    ** About 4.2 mln shares change hands, compared with the
30-day average volume of 101,811     
    ** Stock down 46.7% YTD, as of last close

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))