BUZZ-Australia's Zuleika Gold hits 4-1/2-year high on settling Plutonic mine litigation
Reuters
Nov 17, 2025
BUZZ-Australia's <a href="https://laohu8.com/S/ZAG.AU">Zuleika Gold</a> hits 4-1/2-year high on settling Plutonic mine litigation
** Shares of Zuleika Gold ZAG.AX rise as much as 83.3% to A$0.055, their highest level since May 2021
** Gold miner reaches final settlement on Plutonic gold mine litigation against two Catalyst Metals CYL.AX units
** Says proceedings related to Zuleika’s right to earn up to a 50% joint venture interest in parts of Catalyst’s Plutonic gold mine
** Under settlement, Catalyst will pay Zuleika a sum of A$48 million ($31.34 million)
** Stock last up ~65%, bringing YTD gains to ~280%
($1 = 1.5314 Australian dollars)
(Reporting by John Biju in Bengaluru)
((John.Biju@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.