Australia's Lycopodium hits record high after bagging $35 mln contract
Construction firm Lycopodium's shares rose as much as 4.2% to a record A$23.62 after it was awarded a A$49.4 million contract for Greatland Resources' Havieron gold-copper project in Western Australia. The contract covers the pre-production phase at the high-grade underground project.
19 million) contract for Greatland Resources' Havieron gold-copper project in Western Australia. The stock was on track for its best session since August 31 if the current move holds. 8% year to date. Greatland is developing Havieron into a future mining operation, and Lycopodium said the contract will lead the project's pre-production phase.
4039 Australian dollars)