Australia's Resources & Energy rises on approval for full-scale gold production in WA

Resources & Energy

09/09/2025 03:25

** Shares of Resources & Energy Group REZ.AX jump as much as 27.3% to A$0.028, their highest level since April 24

** Gold miner says it received approval for amendment to mining proposal at Maranoa deposit in Western Australia

** Approval allows transition from small-scale trial to full-scale vat leach production of gold - REZ

** Nearly 61.6 mln shares change hands, 6.7x the 30-day avg

** Stock last up 9.1%, takes YTD gains to 4.4%

 (Reporting by Kumar Tanishk in Bengaluru)

 ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))