** Shares of Belararox BRX.AX rise as much as 7% to
A$0.230, set for best day since Feb. 27, if current trend holds
** The mineral explorer receives approval for the
environmental impact assessment for its Toro-Malambo-Tambo
project in Argentina
** Co says the approval permits advanced exploration
activities to commence
** Adds, exploration will begin immediately
** Stock down 30.7% this year, as of last close
(Reporting by Rajasik Mukherjee in Bengaluru)
((Rajasik.Mukherjee@thomsonreuters.com;))