PROJECT FINANCE

InterGroup scores a £50 million funding boost

A Surfers Paradise-based firm is looking to put Queensland’s Charters Towers on the map, not for the millions of ounces of gold it is traditionally known for, but also for a “white gold” rush, targeting the industrial mineral of kaolin.

20Moz has been recovered from Charters Towers over the decades

20Moz has been recovered from Charters Towers over the decades

InterGroup Mining has been quietly working across its gold and kaolin projects for some time, but this week secured a £50 million funding facility from Luxembourg-based private alternative investment group...

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