CAPITAL MARKETS

Metallica jumps on maiden resource

METALLICA Minerals shares jumped more than 10% today after the company announced a maiden resource for its joint-venture Urquhart bauxite project at Cape York in Queensland.

Jack McGinn
Metallica jumps on maiden resource

The project has a 7.5 million tonne all-inferred mineral resource containing an average grade of 51% aluminium oxide and 16.3% silicon oxide. The resource includes a higher grade area of 4Mt at 53.3%...

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