PROJECT FINANCE

Taurus backs Ballymore's gold ambitions

PLANS to redevelop one of the highest-grade gold miners in Queensland have received the backing of Taurus Funds Management as part of a circa A$11 million capital raising by Ballymore Resources.

Underground drilling at Dittmer

Underground drilling at Dittmer

Taurus is offering US$5 million for a variable 1.25-3.5% gross revenue royalty over production from the Dittmer mine near Proserpine, and will buy $1 million of shares at 12c each, a 9% premium to recent...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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