Metorex Ups Reserves Estimates, Shares Rise

Reuters Africa reported that Metorex (JNB:MEMTX) has increased its cobalt estimates, causing share prices to rise.

The market news is quoted as saying:

Shares in Metorex were up 2.95 percent at 6.64 rand, compared with a 0.26 percent rise in Johannesburg’s All-Share index.

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