** Shares of Australia's Taruga Minerals TAR.AX double in value to A$0.02, set for strongest trading session in seven years, if current gains hold
** Stock touches its highest level since April 27, 2023
** Mineral explorer says it acquires two projects in Papua New Guinea from Exploration & Management Consultants and Metal Mining PNG
** The two projects are the East Normanby gold project on Normanby Island and the Kol Mountain copper-gold project on New Britain Island
** Stock flat this year, as of last close
(Reporting by Aamir Sheik Khalid in Bengaluru)
((Aamir.SheikKhalid@thomsonreuters.com))