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Mineral Deposits raises $40M for Grande Cote

MINERAL Deposits has raised $A40 million through an equity placement, expected to take the company’s Grande Cote mineral sands project in Senegal to production early next year.

Justin Niessner
Mineral Deposits raises $40M for Grande Cote

The funds will be used to complete construction at the project and cover operation working capital requirements. Flooding of the site’s start-up dredge pond is expected in February, with first production...

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