Forrest, IGO up stakes in Mincor

MOVES by Mincor Resources to capitalise on market interest in nickel and its rapidly expanding Cassini discovery have been successful, raising A$30 million, with shareholders Independence Group and Squadron Resources kicking in extra funds.

Forrest, IGO up stakes in Mincor Forrest, IGO up stakes in Mincor Forrest, IGO up stakes in Mincor Forrest, IGO up stakes in Mincor Forrest, IGO up stakes in Mincor

Mincor wants to get back into production soon.

IGO and Andrew Forrest's Squadron chipped in more than their share under the Kambalda miner's placement plan, and will emerge with 4.41% and 6.17% of Mincor, after committing $2 million and $7.

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