Orion Minerals has secured more funding to speed up the development of its advanced base metals projects in the Northern Cape in what it called a game-changing quarter for the mine developer.
The company said in a quarterly update for the three months to end-March that it has received a share placement — when a company issues new shares to raise funds — for A$13m (R156.9m). The first tranche of A$10.66m has been received and the second one is subject to shareholder approval...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.