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Podium Minerals Boosts Parks Reef Project with $4M Capital Raise Backed by Concentrator Gains
9:24am on Thursday 13th of August, 2026 AEST
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Mining
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Podium Minerals Boosts Parks Reef Project with $4M Capital Raise Backed by Concentrator Gains
9:24am on Thursday 13th of August, 2026 AEST
Key Points
Concentrator flotation recovery improved by 31%, copper recovery up 55%
Underwritten $4 million share purchase plan at 17.8% discount launched
Funds allocated to metallurgical testing, site works, and project advancement
Parks Reef resource totals 7.6Moz 5E PGM with substantial depth growth potential
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