PROJECT FINANCE

New World raises slab of cash for copper acceleration

HIGH-grade copper chaser New World Resources has closed a A$20 million placement in order to accelerate its plans for redevelopment of the long-closed Antler copper mine in Arizona.

Several rigs are operating at Antler

Several rigs are operating at Antler

The raising was priced at 10c, a 9% discount to the past month's trading, and was said to attract new and existing domestic and international institutional investors.   The raising was managed by Canaccord...

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