rogozna project

Strickland Metals Shares Fall 33% as Serbia’s Political Transition Raises Mining Investment Uncertainty

Australian mining company Strickland Metals lost approximately one-third of its market value following Serbia’s parliamentary election, as investors reassessed the regulatory outlook for its Rogozna gold and base-metals project in southern Serbia. Shares listed on the Australian Securities Exchange (ASX) declined from A$0.054 to A$0.036, a fall of 33.3%. The exchange issued a formal price inquiry on October 26 after the stock reached A$0.036 amid heavy trading. Strickland shares had closed Monday at A$0.038, down 29.6%, before falling further in…