CAPITAL MARKETS

Midas hopes for golden touch at Lake Carey

THE timing for the $7 million IPO of Midas Resources looks close to perfect given the company's mainstay project is an already identified 500,000 ounce deposit at Lake Carey in Western Australia's north-eastern Goldfields.

Michael Quinn

Midas, not to be confused with the Mauritanian-focused company of the same name currently being swallowed by St Barbara Mines, is seeking a largish $7 million from investors, though $3 million of the...

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