CAPITAL MARKETS

Strike at Ramu may have affected share price: Highlands

BRISBANE-based gold producer Highlands Pacific has answered a share price query from market regulators with news of a strike at the 143 million tonne Ramu nickel-cobalt project in Papua New Guinea, in which Highlands holds an 8.56% interest.

Chris Cann

Strike at Ramu may have affected share price: Highlands

Highlands’ share price dropped from a high of 37c on Tuesday last week to a low of 29c on Friday, prompting queries from the Australian Stock Exchange. Ramu operator and 85% owner, China Metallurgical...

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