CAPITAL MARKETS

Time is right for Thalanga restart

RED River Resources has capitalised on a nine-year high in the zinc price to raise $A30 million for the restart of the Thalanga mine in Queensland.

Kristie Batten
Time is right for Thalanga restart

The company raised $30 million at 18.5c through Hartleys in two tranches. The placement was completed at a 15.9% discount to Red River’s last closing price, though shares in the company have doubled...

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