BUZZ-Australia's Toubani Resources rises on positive Mali project update
Reuters
Nov 06, 2025
BUZZ-Australia's Toubani Resources rises on positive Mali project update
** Shares of Toubani Resources TRE.AX rise as much as 17% to A$0.31, their largest intraday pct gain since October 10
** The gold explorer says drilling activities at its Kobada project in Mali have not been interrupted, and continue as planned
** Adds co's licence for project remains in "good standing", while discussions with Malian authorities to complete the necessary investment framework for project also advancing
** Co refers to recent media reports on restrictions in fuel supply and general security situation in the country in its project update
** Stock up 80.9% YTD, including the day's moves
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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