CAPITAL MARKETS

Wiluna taps market for expansion funds

GOLD producer Wiluna Mining has launched a A$39 million raising, which will form the equity component of the funding for its stage one expansion at the Wiluna operation in Western Australia.

An aerial view of the Wiluna gold operation

An aerial view of the Wiluna gold operation

The company has received firm commitments for a $7.5 million placement to sophisticated investors. It will also launch a one-for-four non-renounceable entitlement issue to raise up to a further $31.5...

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