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Shares of Australian exploration company Caravel Minerals surged as much as 11.5% to A$0.2600 on Tuesday, on track for their largest percentage gain since May 6. The company signed a non-binding Memorandum of Understanding (MOU) with Australian mining services provider Thiess. The MOU outlines Thiess's provision of min
Caravel Minerals has executed a memorandum of understanding with Thiess, under which Thiess will provide engineering and cost estimates for an initial seven-year mining contract at the Caravel Copper Project.
Caravel Minerals Ltd has executed a memorandum of understanding (MoU) with Thiess for mining services related to the Caravel Copper Project.