CAPITAL MARKETS

Metals X buttresses bank balance

DIVERSIFIED base metals miner Metals X is shoring up its balance sheet and accelerating exploration with an A$50 million equity raising that’s pricing new shares at 65c each.

 Metals X is headed downtown to pick up some cash.

Metals X is headed downtown to pick up some cash.

The miner, which has had some hiccups of late expanding the Nifty copper operation it acquired in a state of disrepair two years ago, says the funds will enhance its "financial flexibility" as ramps the...

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