MinRes (ASX:MIN) shares jumped 5% nearly right out the gate on Friday following an update from the miner it’s on track to meet FY24 production guidance. The already $50+ stock jumped 5%, perhaps surprising, if a cynic wanted to bring iron ore prices into it. The steelmaking commodity is under a fresh batch of pressure following a yawnfest Third Plenum last week in China. Regardless, the market is clearly bullish on Ellison’s brainchild. In the FY just passed, production volumes jumped 9% YoY to 269Mt – pretty much smack bang midway the company’s original guidance. Notably, the rise in shares o…