Mayur locks in Orokolo funding

PAPUA New Guinea-focused Mayur Resources emerged from a two-week suspension yesterday, with the Brisbane-based company announcing it had secured up to US$25 million in funding for its Orokolo Bay industrial sands project.

Mayur locks in Orokolo funding Mayur locks in Orokolo funding Mayur locks in Orokolo funding Mayur locks in Orokolo funding Mayur locks in Orokolo funding

China is investing heavily in PNG.

 
 
 
Mining and quarrying firm China Titanium Resources Holdings has offered the funding in return for a stake in the holding company that owns the Orokolo Bay project.

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