BUZZ-Australia's Medallion Metals rises on environmental approval for WA project
Reuters
Feb 03
BUZZ-Australia's Medallion Metals rises on environmental approval for WA project
* Shares of Medallion Metals MM8.AX rise as much as 4.4% to A$0.47, their highest level since January 27
** Gold-copper miner receives approval under the Environment Protection and Biodiversity Conservation Act 1999 for development of Ravensthorpe gold project in Western Australia with processing at Forrestania FRS.AX
** This is the last primary environmental approval required for co to progress its sulphide production strategy
** Co is positioned to advance final development planning once it completes proposed Forrestania acquisition
** Stock up 8.1% YTD, including the session's moves
(Reporting by Anjali Singh in Bengaluru)
((anjali.singh2@thomsonreuters.com;))
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