PROJECT FINANCE

Capital Watch: Macarthur, Encounter, and more

LOW-profile Macarthur Minerals has found funding for completing feasibility work for the Lake Giles iron ore project in the Yilgarn region of Western Australia, with investors adding just over A$6 million to the company’s treasury by buying shares priced at 50c each.

Staff Reporter
Capital Watch: Macarthur, Encounter, and more

Greenfields explorer Encounter Resources has raised about $6 million after issuing new shares priced at 19c from undisclosed investors.   The funds are earmarked for Encounter's work in the Paterson...

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