Skip to main content
The Markets by Proactive
Go to Proactive Australia

Archive

Thor Mining's CEO discusses OZ Mineral's backing for the Kapunda ISR project

Thor Mining's CEO discusses OZ Mineral's backing for the Kapunda ISR project

Nicole Galloway Warland, Thor Mining's CEO, explains how a A$2.5mln injection of funds by OZ Minerals at Kapunda in Australia can give a real boost to the project.

The money will be used to investigate ISR mining techniques, a method seen as a more environmentally acceptable form of mining than traditional open-cut and underground methods.

Thor has a 30% stake in the joint venture developing Kapunda, which will not be affected by OZ's investment.