Australia's Savannah Goldfields rises most in over 5 months as gold processing resumes

Savannah Goldfields

02/04/2026 05:55

** Shares of Australia's Savannah Goldfields SVG.AX rise as much as 33.3% to A$0.016, their biggest intraday pct gain since October 1, 2025

** Stock set for its second consecutive session of gains, if current trend holds

** Gold explorer says it recommenced gold processing operations at its Georgetown Gold Project in Australia on March 27

** Says resumption of mining at Agate Creek in Georgetown to commence in Q2 CY2026

** Stock down 21.1% YTD

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))