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Medallion Metals Raises A$60 Million to Fast-Track Gold-Copper Production

12:20pm on Thursday 20th of August, 2026 AEST Mining
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Medallion Metals Raises A$60 Million to Fast-Track Gold-Copper Production

12:20pm on Thursday 20th of August, 2026 AEST
Key Points
  • A$60 million placement backed by high-quality, long-only investors
  • Total liquidity now approximately A$175 million to fund project ramp-up
  • Funds to support commissioning at Ravensthorpe and processing at Forrestania
  • Accelerated extensional drilling planned at Kundip and Lounge Lizard
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