Australia's Riversgold jumps on lithium find in WA

Riversgold

28/04/2022 06:21

** Shares of Riversgold  RGL.AX  rise up to 16.2% to A$0.079
— set for their best day since April 5, if gains hold 
    ** Gold explorer says it discovered a new lithium prospect
at Tambourah in Pilbara region of Western Australia  urn:newsml:reuters.com:*:nFWN2WP2EJ
    ** Global efforts to tackle climate change have led to a
surge in demand for lithium used in electric vehicle batteries
 urn:newsml:reuters.com:*:nL8N2U566U
    ** Stock is up 341.5% this year, as of last close 

 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))