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29Metals Boosts Liquidity with $180M Equity Raise, Advances Gossan Valley Project
8:17am on Wednesday 29th of January, 2025 AEDT
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Metals
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29Metals Boosts Liquidity with $180M Equity Raise, Advances Gossan Valley Project
8:17am on Wednesday 29th of January, 2025 AEDT
Key Points
December quarter copper production at Golden Grove increased to 5.3kt
C1 costs at Golden Grove fell to US$1.82/lb copper sold
Completed fully underwritten $180 million equity raising
Senior debt refinancing reduces near-term repayments by US$74 million
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