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News 2026-09-21 04:02 UTC

Caravel Minerals shares set for biggest gain in over four months on MOU signing

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