BUZZ-Australia's VRX Silica at 17-month high on project approval

Reuters
08/08
BUZZ-Australia's <a href="https://laohu8.com/S/VRXND.AU">VRX Silica</a> at 17-month high on project approval

** VRX Silica VRX.AX soars as much as 20.7% to A$0.105, highest since March 6, 2024

** Stock last up 14.9%; set for best day since June 26

** Silica sand co says Western Australian Department of Mines, Petroleum and Exploration has approved its proposal on mining operations at the Arrowsmith North project

** Approval paves way for project commencement, pending nod from Minister for Environment

** YTD, VR has more than doubled

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))

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