PROJECT FINANCE

Chalice likes the look of Spectrum's Penny plan

FOLLOWING some aggressive buying on market late last month, Chalice Gold Mines has emerged as a backer of budding gold exploration success story Spectrum Minerals.

The area around Youanmi has attracted a lot of attention.

The area around Youanmi has attracted a lot of attention.

Chalice, which holds 5.2% of Spectrum, outlaid A$2.2 million buying shares over the period July 22-25, before participating in the $7.25 million, 6.25c per share Spectrum placement five days later, when...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

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.

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.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.