BUZZ-Australia's Galileo Mining surges on lithium JV with Mineral Resources

Reuters06-03

** Shares of speciality miner Galileo Mining soar as much as 18.4% to A$0.29, posting their biggest intraday pct gain since March 21

** Co executes joint venture deal with Mineral Resources

unit to sell 30% lithium rights on Norseman project tenements in Western Australia for A$7.5 mln ($4.99 mln)

** GAL shares hit their highest level since May 10

** More than 1.2 mln shares change hands, compared with the 30-day average volume of 269,433 shares

** Stock down 14% this year, as of last close, vs a 0.8% increase in the benchmark S&P/ASX 200 index

** MIN shares up 1% at A$72.4 on Monday, heading for best day since May 20

($1 = 1.5017 Australian dollars)

(Reporting by Roushni Nair in Bengaluru)

((Roushni.Nair@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2440100034?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-06-03 09:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2440100034","market":null,"top_or_hot":-1,"title":"BUZZ-Australia's Galileo Mining surges on lithium JV with Mineral Resources","media":"Reuters","content":"<html><body><p>** Shares of speciality miner Galileo Mining    soar as much as 18.4% to A$0.29, posting their biggest intraday pct gain since March 21 </p><p>   ** Co executes joint venture deal with Mineral Resources</p><p>  unit to sell 30% lithium rights on Norseman project tenements in Western Australia for A$7.5 mln ($4.99 mln)</p><p>   ** GAL shares hit their highest level since May 10 </p><p>   ** More than 1.2 mln shares change hands, compared with the 30-day average volume of 269,433 shares  </p><p>   ** Stock down 14% this year, as of last close, vs a 0.8% increase in the benchmark S&amp;P/ASX 200 index   </p><p>   ** MIN shares up 1% at A$72.4 on Monday, heading for best day since May 20</p><p>    ($1 = 1.5017 Australian dollars)</p><p> (Reporting by Roushni Nair in Bengaluru)</p><p>((Roushni.Nair@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Australia's Galileo Mining surges on lithium JV with Mineral Resources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Australia's Galileo Mining surges on lithium JV with Mineral Resources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-03 09:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>** Shares of speciality miner Galileo Mining    soar as much as 18.4% to A$0.29, posting their biggest intraday pct gain since March 21    ** Co executes joint venture deal with Mineral Resources  ...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XJO.AU","symbol_name":"标普/澳交所 200指数","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2440100034","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2440100034","pubTimestamp":1717377802,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"** Shares of speciality miner Galileo Mining    soar as much as 18.4% to A$0.29, posting their biggest intraday pct gain since March 21    ** Co executes joint venture deal with Mineral Resources  unit to sell 30% lithium rights on Norseman project tenements in Western Australia for A$7.5 mln    ** GAL shares hit their highest level since May 10    ** More than 1.2 mln shares change hands, compared with the 30-day average volume of 269,433 shares     ** Stock down 14% this year, as of last close, vs a 0.8% increase in the benchmark S&P/ASX 200 index      ** MIN shares up 1% at A$72.4 on Monday, heading for best day since May 20     ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"XJO.AU":"标普/澳交所 200指数","GAL.AU":"GALILEO MINING LTD","BK7507":"资源股","BK7095":"多种金属与采矿","MIN.AU":"MINERAL RESOURCES LTD","XKO.AU":"标普/澳交所 300指数","PLS.AU":"PILBARA MINERALS LTD","BK7504":"锂钴概念","XAO.AU":"标普/澳交所 普通股指数"},"translate_title":"BUZZ-澳大利亚伽利略矿业(Galileo Mining)与Mineral Resources成立锂合资企业，股价飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLS.AU":1,"XAO.AU":1,"XJO.AU":1,"XKO.AU":1,"GAL.AU":0.9,"MIN.AU":0.9},"content_text":"** Shares of speciality miner Galileo Mining    soar as much as 18.4% to A$0.29, posting their biggest intraday pct gain since March 21    ** Co executes joint venture deal with Mineral Resources  unit to sell 30% lithium rights on Norseman project tenements in Western Australia for A$7.5 mln ($4.99 mln)   ** GAL shares hit their highest level since May 10    ** More than 1.2 mln shares change hands, compared with the 30-day average volume of 269,433 shares     ** Stock down 14% this year, as of last close, vs a 0.8% increase in the benchmark S&P/ASX 200 index      ** MIN shares up 1% at A$72.4 on Monday, heading for best day since May 20    ($1 = 1.5017 Australian dollars) (Reporting by Roushni Nair in Bengaluru)((Roushni.Nair@thomsonreuters.com;))","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2440100034"}