India raising $20m to double copper production

INDIA Resources will raise up to $A20 million through a share rights issue and additional capital raising, to fund the start of production at its Surda copper project in eastern India next month and double the mine’s production within a year.

India raising $20m to double copper production India raising $20m to double copper production India raising $20m to double copper production India raising $20m to double copper production India raising $20m to double copper production

India Resources chairman Michael Kiernan said the company was on the cusp of full-time mining at Surda, with trial mining expected to start in early November, two months ahead of schedule.

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