CAPITAL MARKETS

Archipelago raises Toka Tindung equity

AIM-listed Archipelago Resources has raised nearly GBP8 million as its equity contribution to the cost of financing its $US49 million Toka Tindung gold project in Indonesia.

Rebecca Keenan
Archipelago raises Toka Tindung equity

Archipelago said it placed 23.2 million shares at 34p each (at a cost of 1p per share) to raise a total of GBP7.9 million. The placement was mostly taken up by North American and UK funds. First gold...

Start a free trial to continue reading this article

Already have an account?

Subscribe now
MORE ON THIS TOPIC

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.