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Ormonde Mining: $99.7 Million in Funding for Barruecopardo

June 20, 2016 | Ormonde Mining (LSE:ORM) has arranged $99.7 million in funding for its Barruecopardo project, the Sunday Business Post reported, through funds managed by Oaktree Capital Management.

As quoted in the publication:
The business has also signed a construction management contract with Fairport Engineering Limited.

A total of 85 per cent of the land blocks  … Read More

Almonty Announces that it has Signed a Binding Heads of Agreement to Sell the Wolfram Camp Mine

April 26, 2016 | Almonty Industries Inc. (“Almonty”) (TSXV: AII) Almonty announces that it has signed a binding heads of agreement to sell the Wolfram Camp Mine (“WCM”) in Queensland to ATC Alloys Limited (ASX: ATA) (“ATC”).

According to the company’s news:
The proposed consideration for the sale is 120 million fully paid ordinary shares in  … Read More