CAPITAL MARKETS

Korea Zinc again backs Kagara

LOW cost zinc miner Kagara Zinc has completed a share placement to Korea Zinc that’ll raise $15.4 million earmarked to fast track development of a second base metal treatment facility at Red Dome in Queensland.

Rebecca Keenan
Korea Zinc again backs Kagara

Korea Zinc took 14 million shares at $1.10 each, representing 7.5% of the Australian zinc producer. Last year Kagara issued US$12 million worth of convertible notes to Korea Zinc. Kagara said initial...

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