Lithium
44.37
(0.69%)
Gold
2,662.60
(0.12%)
Copper
4.21
0.27%
Oil
70.02
0%
Bitcoin
96,657.91
0.75%
FTSE 100
8,336.34
(0.28%)
Nikkei 225
39,276.39
(0.2%)
Dow Jones
44,705.53
(0.14%)
Iron Ore
105.50
0.37%
USD/AUD
0.64
(0.9%)
Hang Seng
19,742.46
0.1%
Lithium
44.37
(0.69%)
Gold
2,662.60
(0.12%)
Copper
4.21
0.27%
Oil
70.02
0%
Bitcoin
96,657.91
0.75%
FTSE 100
8,336.34
(0.28%)
Nikkei 225
39,276.39
(0.2%)
Dow Jones
44,705.53
(0.14%)
Iron Ore
105.50
0.37%
USD/AUD
0.64
(0.9%)
Hang Seng
19,742.46
0.1%
Lithium
44.37
(0.69%)
Gold
2,662.60
(0.12%)
Copper
4.21
0.27%
Oil
70.02
0%
Bitcoin
96,657.91
0.75%
FTSE 100
8,336.34
(0.28%)
Nikkei 225
39,276.39
(0.2%)
Dow Jones
44,705.53
(0.14%)
Iron Ore
105.50
0.37%
USD/AUD
0.64
(0.9%)
Hang Seng
19,742.46
0.1%
Lithium
44.37
(0.69%)
Gold
2,662.60
(0.12%)
Copper
4.21
0.27%
Oil
70.02
0%
Bitcoin
96,657.91
0.75%
FTSE 100
8,336.34
(0.28%)
Nikkei 225
39,276.39
(0.2%)
Dow Jones
44,705.53
(0.14%)
Iron Ore
105.50
0.37%
USD/AUD
0.64
(0.9%)
Hang Seng
19,742.46
0.1%
Lithium
44.37
(0.69%)
Gold
2,662.60
(0.12%)
Copper
4.21
0.27%
Oil
70.02
0%
Bitcoin
96,657.91
0.75%
FTSE 100
8,336.34
(0.28%)
Nikkei 225
39,276.39
(0.2%)
Dow Jones
44,705.53
(0.14%)
Iron Ore
105.50
0.37%
USD/AUD
0.64
(0.9%)
Hang Seng
19,742.46
0.1%
Lithium
44.37
(0.69%)
Gold
2,662.60
(0.12%)
Copper
4.21
0.27%
Oil
70.02
0%
Bitcoin
96,657.91
0.75%
FTSE 100
8,336.34
(0.28%)
Nikkei 225
39,276.39
(0.2%)
Dow Jones
44,705.53
(0.14%)
Iron Ore
105.50
0.37%
USD/AUD
0.64
(0.9%)
Hang Seng
19,742.46
0.1%
Lithium
44.37
(0.69%)
Gold
2,662.60
(0.12%)
Copper
4.21
0.27%
Oil
70.02
0%
Bitcoin
96,657.91
0.75%
FTSE 100
8,336.34
(0.28%)
Nikkei 225
39,276.39
(0.2%)
Dow Jones
44,705.53
(0.14%)
Iron Ore
105.50
0.37%
USD/AUD
0.64
(0.9%)
Hang Seng
19,742.46
0.1%
Lithium
44.37
(0.69%)
Gold
2,662.60
(0.12%)
Copper
4.21
0.27%
Oil
70.02
0%
Bitcoin
96,657.91
0.75%
FTSE 100
8,336.34
(0.28%)
Nikkei 225
39,276.39
(0.2%)
Dow Jones
44,705.53
(0.14%)
Iron Ore
105.50
0.37%
USD/AUD
0.64
(0.9%)
Hang Seng
19,742.46
0.1%
Lithium
44.37
(0.69%)
Gold
2,662.60
(0.12%)
Copper
4.21
0.27%
Oil
70.02
0%
Bitcoin
96,657.91
0.75%
FTSE 100
8,336.34
(0.28%)
Nikkei 225
39,276.39
(0.2%)
Dow Jones
44,705.53
(0.14%)
Iron Ore
105.50
0.37%
USD/AUD
0.64
(0.9%)
Hang Seng
19,742.46
0.1%
Lithium
44.37
(0.69%)
Gold
2,662.60
(0.12%)
Copper
4.21
0.27%
Oil
70.02
0%
Bitcoin
96,657.91
0.75%
FTSE 100
8,336.34
(0.28%)
Nikkei 225
39,276.39
(0.2%)
Dow Jones
44,705.53
(0.14%)
Iron Ore
105.50
0.37%
USD/AUD
0.64
(0.9%)
Hang Seng
19,742.46
0.1%
Lithium
44.37
(0.69%)
Gold
2,662.60
(0.12%)
Copper
4.21
0.27%
Oil
70.02
0%
Bitcoin
96,657.91
0.75%
FTSE 100
8,336.34
(0.28%)
Nikkei 225
39,276.39
(0.2%)
Dow Jones
44,705.53
(0.14%)
Iron Ore
105.50
0.37%
USD/AUD
0.64
(0.9%)
Hang Seng
19,742.46
0.1%
Lithium
44.37
(0.69%)
Gold
2,662.60
(0.12%)
Copper
4.21
0.27%
Oil
70.02
0%
Bitcoin
96,657.91
0.75%
FTSE 100
8,336.34
(0.28%)
Nikkei 225
39,276.39
(0.2%)
Dow Jones
44,705.53
(0.14%)
Iron Ore
105.50
0.37%
USD/AUD
0.64
(0.9%)
Hang Seng
19,742.46
0.1%
Lithium
44.37
(0.69%)
Gold
2,662.60
(0.12%)
Copper
4.21
0.27%
Oil
70.02
0%
Bitcoin
96,657.91
0.75%
FTSE 100
8,336.34
(0.28%)
Nikkei 225
39,276.39
(0.2%)
Dow Jones
44,705.53
(0.14%)
Iron Ore
105.50
0.37%
USD/AUD
0.64
(0.9%)
Hang Seng
19,742.46
0.1%
Lithium
44.37
(0.69%)
Gold
2,662.60
(0.12%)
Copper
4.21
0.27%
Oil
70.02
0%
Bitcoin
96,657.91
0.75%
FTSE 100
8,336.34
(0.28%)
Nikkei 225
39,276.39
(0.2%)
Dow Jones
44,705.53
(0.14%)
Iron Ore
105.50
0.37%
USD/AUD
0.64
(0.9%)
Hang Seng
19,742.46
0.1%
Lithium
44.37
(0.69%)
Gold
2,662.60
(0.12%)
Copper
4.21
0.27%
Oil
70.02
0%
Bitcoin
96,657.91
0.75%
FTSE 100
8,336.34
(0.28%)
Nikkei 225
39,276.39
(0.2%)
Dow Jones
44,705.53
(0.14%)
Iron Ore
105.50
0.37%
USD/AUD
0.64
(0.9%)
Hang Seng
19,742.46
0.1%
Lithium
44.37
(0.69%)
Gold
2,662.60
(0.12%)
Copper
4.21
0.27%
Oil
70.02
0%
Bitcoin
96,657.91
0.75%
FTSE 100
8,336.34
(0.28%)
Nikkei 225
39,276.39
(0.2%)
Dow Jones
44,705.53
(0.14%)
Iron Ore
105.50
0.37%
USD/AUD
0.64
(0.9%)
Hang Seng
19,742.46
0.1%
Lithium
44.37
(0.69%)
Gold
2,662.60
(0.12%)
Copper
4.21
0.27%
Oil
70.02
0%
Bitcoin
96,657.91
0.75%
FTSE 100
8,336.34
(0.28%)
Nikkei 225
39,276.39
(0.2%)
Dow Jones
44,705.53
(0.14%)
Iron Ore
105.50
0.37%
USD/AUD
0.64
(0.9%)
Hang Seng
19,742.46
0.1%
Lithium
44.37
(0.69%)
Gold
2,662.60
(0.12%)
Copper
4.21
0.27%
Oil
70.02
0%
Bitcoin
96,657.91
0.75%
FTSE 100
8,336.34
(0.28%)
Nikkei 225
39,276.39
(0.2%)
Dow Jones
44,705.53
(0.14%)
Iron Ore
105.50
0.37%
USD/AUD
0.64
(0.9%)
Hang Seng
19,742.46
0.1%
Lithium
44.37
(0.69%)
Gold
2,662.60
(0.12%)
Copper
4.21
0.27%
Oil
70.02
0%
Bitcoin
96,657.91
0.75%
FTSE 100
8,336.34
(0.28%)
Nikkei 225
39,276.39
(0.2%)
Dow Jones
44,705.53
(0.14%)
Iron Ore
105.50
0.37%
USD/AUD
0.64
(0.9%)
Hang Seng
19,742.46
0.1%
Lithium
44.37
(0.69%)
Gold
2,662.60
(0.12%)
Copper
4.21
0.27%
Oil
70.02
0%
Bitcoin
96,657.91
0.75%
FTSE 100
8,336.34
(0.28%)
Nikkei 225
39,276.39
(0.2%)
Dow Jones
44,705.53
(0.14%)
Iron Ore
105.50
0.37%
USD/AUD
0.64
(0.9%)
Hang Seng
19,742.46
0.1%

Labyrinth Resources (ASX: $LRL) completes acquisition of Admiral Gold

Labyrinth Resources expands gold assets


Labyrinth Resources (ASX:LRL), an Australian company, has finalized the acquisition of Admiral Gold Pty Ltd, gaining ownership of the Mulwarrie Gold Project. This acquisition was initially reported on 18 November 2024. Additionally, Labyrinth has exercised an option to acquire interests in Olympio Metals Limited, with an expected completion date of 3 December 2024.

Significance of Labyrinth's strategic moves


Labyrinth Resources has successfully completed the acquisition of Admiral Gold Pty Ltd, which owns the Mulwarrie Gold Project, marking a notable enhancement of its gold mining assets. Furthermore, the company is set to finalize its acquisition of interests in Olympio Metals Limited by 3 December 2024. These moves align with Labyrinth's strategic objectives to expand its portfolio in the gold sector, demonstrating a commitment to strengthening its position in the industry.

Executive commentary on strategic acquisitions


The announcement has been authorized and approved by the Board of Labyrinth Resources.

OLYMPIO METALS LIMITED
OLY | ASX | Materials
0.0410.001(+2.5%)
At close 03/12 (AEDT)
Market cap
$3.6M
Volume
26,963
DY Yield
PE Ratio
52 Week Range
0.022 - 0.14
1YR Return
N / A

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