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How Will Tolu Minerals’ $60.5M Raise and New CEO Revive Tolukuma Mine?

7:08pm on Friday 31st of October, 2025 AEDT Mining
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How Will Tolu Minerals’ $60.5M Raise and New CEO Revive Tolukuma Mine?

7:08pm on Friday 31st of October, 2025 AEDT
Key Points
  • Appointment of Dr Chris Muller as CEO and Managing Director
  • Successful $60.5 million capital raise via share issuance
  • Positive progress on SAG mill refurbishment targeting 500 tonnes per day
  • Launch of a 30,000-metre drilling program in 2026
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