Australia's Western Mines rises as government backs Mulga survey

Western Mines

27/04/2026 04:14

** Shares of Western Mines Group WMG.AX rise as much as 5.3% to A$0.200, their highest level since March 30

** Mineral explorer says it has been granted A$250,000 ($179,325.00) to fund active seismic geophysical survey

** Says grant under Western Australia government's program

** Co says survey to find possible deposits of nickel sulphide in Mulga project

** Stock down over 16% this year, including the day's move

($1 = 1.3941 Australian dollars)

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))