Australia's Sandfire Resources jumps on deal for cultural heritage protection at mine

Sandfire Resources

22/12/2023 24:42

** Shares of Sandfire Resources  SFR.AX  jump as much as
0.6% to A$7.010, their highest level since April 19 
    ** The copper-zinc explorer says it has signed a framework
agreement with indigenous group Yugunga-Nya
    ** Agreement to map issues, steps and relationships for the
ongoing protection of cultural heritage at the DeGrussa copper
mine
    ** SFR had said last month it had damaged an artefact
scatter at its Monty cooper mine in 2017 and 2018, and that it
had informed traditional owners and the state's heritage
regulator
    ** Shares on track to record an eight straight session of
gains 
    ** SFR stock up 28.1% YTD as of last close 
    
    

 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))