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How Will 29Metals’ $150M Raise Navigate Seismic Disruptions and Restart Plans?

9:40am on Tuesday 20th of January, 2026 AEDT Mining
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How Will 29Metals’ $150M Raise Navigate Seismic Disruptions and Restart Plans?

9:40am on Tuesday 20th of January, 2026 AEDT
Key Points
  • Fully underwritten $150 million accelerated entitlement offer at $0.40 per share
  • Production at Golden Grove impacted by seismic events at Xantho Extended in 2025
  • Capricorn Copper operations remain suspended pending regulatory approvals and water management
  • Growth projects include Gossan Valley development and Capricorn Copper restart feasibility study
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