UNDERGROUND

Hillgrove launches Kanmantoo restart raising

HILLGROVE Resources has launched a $39 million institutional placement and share purchase plan to fund the restart of its Kanmantoo copper-gold mine in South Australia.

The Komatsu MC51 getting ready to start the Kanmantoo portal cut.

The Komatsu MC51 getting ready to start the Kanmantoo portal cut.

The equity-based funding will ensure Kanmantoo can restart without debt. On February 27 Hillgrove released the updated Kanmantoo Underground Stage 1 economic assessment that demonstrated post-tax free...

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