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Australia's Minerals 260 hit over 6-week high on funding deal for WA project

By Reuters News6 hours ago Updated

** Shares of Australia's Minerals 260 MI6.AX rise as much as 10% to A$0.935, their highest level since September 25

** Gold developer secures A$410 million ($280.89 million)in debt funding from lenders ANZ, National Australia Bank and Societe Generale for its Bullabulling Gold Project in Western Australia (WA)

** About 12.3 million shares change hands, 1.5x the 30-day average volume

** Stock up 108.9% YTD, including moves in current session

($1 = 1.4596 Australian dollars)

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