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Climax raises cash for Philippines development

CLIMAX Mining has raised $6.9 million via brokerage Austock for the development of its Didipio go...

Michael Quinn
Climax raises cash for Philippines development

Institutional clients of Austock subscribed for 40 million shares at 18 cents each. Didipio is expected to have an initial capital cost of US$66 million and will produce around 150,000 ounces of gold...

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