January 2, 2019 / 3:30 AM / 9 months ago

BUZZ-Australia'a Metallica Minerals rises on termination of merger with Melior

** Bauxite developer Metallica Minerals Ltd rises as much as 10 pct to A$0.030, its highest in nearly a month

** Co says proposed merger with Melior Resources Inc has been terminated

** Earlier in Sept 2018, co entered in a binding agreement to buy TSX-listed ilmenite miner Melior

** Stock has fallen 46.4 pct in the past 12 months, as of last close

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