Australia's Skylark Minerals hits more than one-week high on buying gold assets

Skylark Minerals

12/11/2025 02:37

** Shares of Australia's Skylark Minerals SKM.AX rise 7.5% to A$0.215, their highest since October 31

** Miner agrees to binding terms to buy a portfolio of gold assets in Côte d’Ivoire, West Africa from Ricca Resources

** Assets secured for around A$6.0 million ($3.90 million)

** Shares down 23.2% YTD

($1 = 1.5389 Australian dollars)

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))