Orion Minerals Ltd

Orion Minerals makes significant restructure to its BEE ownership

Orion Minerals Ltd's (ASX:ORN) chief executive Errol Smart spoke to Proactive London after completing an A$8 million capital raising as part of a proposed restructure of the company’s black economic empowerment (BEE) equity participation.

The raising precedes the company obtaining a mining right for its flagship Prieska Zinc-Copper Project in South Africa’s Northern Cape province and the delivery of the project’s bankable feasibility study (BFS) which Smart says is on track for later this quarter.

Quick facts: Orion Minerals Ltd

Price: $0.03

Market: ASX
Market Cap: $72.02 m

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Full interview: Orion Minerals granted mining right for flagship South...

Orion Minerals Limited (ASX:ORN) managing director and CEO Errol Smart updates Proactive Investors on the company being granted the key mining right by the South African Department of Minerals Resources and Energy for the Prieska Copper-Zinc Project in South Africa. This marks a major...

2 weeks, 4 days ago

2 min read