Regis Sources’ 30%-owned Tropicana gold mine web site. View of southern finish of Havana Pit with 793F haulers and different giant mining gear. Picture courtesy of AngloGold Ashanti.
Australia-headquartered miners have been tapping the capital markets within the yr to July 14 to lift a complete of US$2.33 billion in capital, in response to an evaluation by the Northern Miner’s sister firm Mining Intelligence. The financings provide the businesses monetary firepower to execute their respective worth creation methods.
The Mining Intelligence knowledge reveals the cash was raised through 36 rights choices that attracted US$1.15 billion in capital and 81 personal placements elevating US$965.52 million, amongst different strategies of capital elevating.