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How Will Tolu Minerals Turn $27M Capital Raise Into Tolukuma Gold Production?

6:01pm on Friday 12th of September, 2025 AEST Mining
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How Will Tolu Minerals Turn $27M Capital Raise Into Tolukuma Gold Production?

6:01pm on Friday 12th of September, 2025 AEST
Key Points
  • Half-year loss widens to $6.7 million from $3.3 million prior year
  • Completed $27.25 million equity raising in May 2025
  • Focus on refurbishing Tolukuma Gold Mine infrastructure and early gold production
  • Expanding exploration across multiple tenements including Mt Penck and Ipi River
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