ASX-listed shares of RTG Mining hit 3-1/2-month high as Philippines lifts mining ban

RTG Mining

05/01/2022 03:47

** Australian shares of RTG Mining Inc  RTG.AX   RTG.TO 
jump as much as 12.5% to A$0.135, their highest since Sept 15
    ** The Australia-based global miner says https://www.asx.com.au/asxpdf/20220105/pdf/454r5w1j76yjvh.pdf
 the Philippines lifted open-pit mining ban in the country
    ** The ban, imposed in 2017, was lifted https://www.reuters.com/business/environment/philippines-lifts-four-year-old-ban-open-pit-mining-2021-12-28
 to revitalise the mining industry
    ** RTG is focused on gold-copper exploration at the
Philippines-based Mabilo project
    ** ASX-listed shares of RTG halved in value in 2021 while
its Canadian shares were down about 41%
    
      

 (Reporting by Dhriti Garg in Bengaluru)
 ((dhriti.garg@thomsonreuters.com))