Resource round-up: Thor Mining, KEFI Minerals, Orsu Minerals,

Also includes: Frontera Resources, Berkeley Resources, Oxus Gold

Thor Mining rose almost 8% after the firm said a feasibility study at its Molyhill mine reported positive results, including EBIT returns indicating for a 21-month payback period. It also indicated production costs of A$125/mtu concentrate (after deduction of molybdenum bi-product credits) compared with revenue of A$354/mtu. The study found the mine would have a lifespan of four years.

Gold and copper exploration company KEFI Minerals pleased investors after it said tests on a site in Saudi Arabia confirmed the presence of high grade gold and silver over substantial widths and strike lengths. It said diamond drilling would begin at the Jibal Qutman Licence in the current quarter, pushing shares up 7%.

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