CAPITAL MARKETS

Strong backing for Iberian

IBERIAN Resources has raised $A10.2 million to kick start its emerging Lichkvaz gold project in Armenia, which is expected to come online by mid-year at an initial rate of 70,000 ounces per annum.

Ben Sharples
Strong backing for Iberian

The budding gold miner placed 17 million shares priced at 60c each with undisclosed domestic and international institutional clients of KTM Capital. Iberian has earmarked $A5 million for the re-commissioning...

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