BASE METALS

Austral secures backing for copper mission

AUSTRAL Resources has secured commitments to raise A$17 million at 37c, with managing director and 53% shareholder Dan Jauncey set to subscribe for $1 million.

 Austral's heap leach operation at My Kelly

Austral's heap leach operation at My Kelly

The Petra Capital-led raising comes less than a year after Jauncey led the small copper producer to the market, raising $30 million at 20c to support help start mining of the Anthill oxide deposit.  ...

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