CAPITAL MARKETS

Saturn IPO planned for Apollo Hill asset

ONE day after the Western Australian government announced plans to introduce a new tiered gold production royalty, Cobar-focused Peel Mining has announced plans to spin-out its sole WA gold project with a A$4-7 million raising.

Haydn Black
Saturn IPO planned for Apollo Hill asset

The proposed Saturn Metals’ foundation is Apollo Hill, located some 60km south-east of Leonora in the Eastern Goldfields, with a 2011 resource estimate of around 4.5 million tonnes at an average 1.4 grams...

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