Empire Metals Scraps Planned Acquisition of Stavely Project in Australia

Empire Metals (EEE.L) decided not to proceed with the acquisition of the Stavely Project in Victoria, Australia, to prioritize the development of the Pitfield Titanium Project in the country. The copper and gold exploration group said Friday the decision was made following an assessment of its noncore assets. The completion date for the acquisition expired on April 6. Price (GBP): £7.70, Change: £-0.06, Percent Change: -0.77%