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RTG Mining Secures US$30M Glencore Deal to Kickstart Mabilo Copper-Gold DSO
5:44am on Monday 2nd of June, 2025 AEST
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Mining
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RTG Mining Secures US$30M Glencore Deal to Kickstart Mabilo Copper-Gold DSO
5:44am on Monday 2nd of June, 2025 AEST
Key Points
US$30M three-tranche financing secured from Glencore for Mabilo Stage 1 development
Stage 1 Direct Shipping Operation targets 25,200 tonnes copper and 52,900 ounces gold
5,000m drilling program planned at high-grade Chanach Gold and Copper Project in Kyrgyz Republic
Placement raised A$19.5M to support project development and corporate activities
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