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Orion in clover as Africa mining bull Adam Fleming & Co ride to copper firm s rescue

Orion in clover as Africa mining bull Adam Fleming & Co ride to copper firm s rescue
miningmx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miningmx.com Daily Mail and Mail on Sunday newspapers.

Orion Minerals Ltd raising $13 million in $73 million funding play that brings base metals development closer

Orion Minerals Ltd (ASX:ORN, JSE:ORN) is raising $13 million in a two-tranche share placement to sophisticated and professional investors to accelerate the.

Orion will now build smaller but get base metals into production far sooner

What South Africa’s base metals mining aspirant Orion Minerals has been trying to do over the last two years is to drive a very typical historic project financing arrangement for junior mining. This very typical historic project financing model involves getting banks in for between 60% and 70% of the project finance and equity in for 30% to 40% and then you build a mine.

UK investor Adam Fleming s Clover Alloys takes cornerstone stake in Orion Minerals

UK investor Adam Fleming s Clover Alloys takes cornerstone stake in Orion Minerals
miningmx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miningmx.com Daily Mail and Mail on Sunday newspapers.

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