middle.news

29Metals Boosts Liquidity with $180M Equity Raise, Advances Gossan Valley Project

7:03pm on Monday 2nd of June, 2025 AEST Metals
Read Story

29Metals Boosts Liquidity with $180M Equity Raise, Advances Gossan Valley Project

7:03pm on Monday 2nd of June, 2025 AEST
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
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about 29Metals (ASX:29M)
OPEN ARTICLE