PROJECT FINANCE

Chinese back Theta's bulk sampling mission

AS Theta Gold Mines' long-held ambition to get the TGME gold project in South Africa's Eastern Transvaal gold field gets close to a final investment decision, the company has raised a further A$5 million to ensure it is funded to make the transition from explorer to producer.

Theta wants to resurrect the Eastern Transvaal gold field

Theta wants to resurrect the Eastern Transvaal gold field

Today's placement was priced at 6.51c per share and was backed by a number of investors, including Jiangsu Ruihua Investment, a China-based fund manager said to have over US$3 billion under management. ...

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