BUZZ-Australia's Genmin rises on mining agreement with Gabon government

Reuters
03-24
BUZZ-Australia's Genmin rises on mining agreement with Gabon government

** Shares of Genmin Ltd GEN.AX rise 2.7% to A$0.038; stock hits highest level since March 12

** The iron ore producer signs a mining convention with the Gabon government for its 100% owned Baniaka iron ore project

** Mining convention is a document required to secure project development capital, co says

** About 519,397 shares change hands by 0411 GMT, 1.3x the 30-day average volume of shares

** Stock down 5.1% this year, as of last close

(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com;))

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