Australia's Laneway Resources up on resuming mining at Queensland project

Savannah Goldfields

30/06/2022 05:44

** Shares of Laneway Resources  LNY.AX  climb as much as 25%
to A$0.005; set to post their best session since June 7, if
gains hold
    ** Miner resumes mining operations of high-grade ore at its
Agate Creek project in North Queensland  urn:newsml:reuters.com:*:nASX8XDPdN
    ** Stock hits highest since June 10
    ** Says resumption of mining follows after the firing of the
first production blast on June 10 and the recent approval of the
Environmental Authority amendment
    ** Says project restart will enable co to begin building
platform for a regional gold processing centre
    ** Stock down 30.4% YTD, as of last close 
    


 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))