Australia's QMines jumps to 3-month high on copper reserve discovery

QMines

07/08/2023 04:59

** Shares of QMines Ltd  QML.AX  jump as much as 13.3% to
A$0.170, hitting its highest levels since May 3
    ** The copper and gold miner says it discovered visible
copper sulphide mineralisation at Artillery Road Prospect in
Queensland 
    ** Adds, prospect has potential for large copper reserves,
with further discoveries expected
    ** Stock has fallen 9.1% this year, as of last close

 (Reporting by Shivangi  Lahiri in Bengaluru)
 ((Shivangi.Lahiri@thomsonreuters.com;))