CAPITAL MARKETS

Kimberley raises cash, analyst's ire

KIMBERLEY Diamond has raised $9.25 million to accelerate development at its Ellendale project via...

Michael Quinn

An undisclosed "major Australian financial institution" - believed to be Colonial First State - has subscribed for 10.3 million shares at 34 cents, and has also been issued with 15.45 million options exercisable...

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