PRECIOUS METALS

Strong showing for Kelly's Miramar

PERTH-based dealmaker Alan Kelly’s new float, Miramar Resources, made its debut Thursday amid the gold bull market following an oversubscribed initial public offer, and roared off to a strong start.

Strong showing for Kelly's Miramar

Miramar was seeking at least A$5 million, and successfully raised the maximum $8 million at 20c per share.  The shares hit the bourse at 54c, before peaking at 58c. Its core projects were pegged...

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