EXPLORATION & DEVELOPMENT

Sheffield hoping Thunderbird flies given much lighter equity payload

SHEFFIELD Resources now needs to find equity funding of A$143 million for developing its Thunderbird minerals sands project in northern Western Australia after removing ilmenite processing from the planned circuit and boosting zircon production.

 Thunderbird looking better with reduced equity hurdle

Thunderbird looking better with reduced equity hurdle

The total funding required for Thunderbird has been reduced by 17% to $478 million, with debt of $335 million accounted for from a $240 million facility offered by private equity firm Taurus and $95 million...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
MORE ON THIS TOPIC

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.