CAPITAL MARKETS

Waterlogged debut for QMC

COPPER and gold debutante Queensland Mining Corporation has had a savage first day on the markets, with its shares opening at 12c, a 76% discount to its 50c initial public offering price.

Kate Haycock
Waterlogged debut for QMC

The company’s shares fell as low as 10.5c before rising to end the day at 20c with 880,000 shares changing hands. The junior play, which is focused on tenements in the Cloncurry region of Queensland,...

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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.

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