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Nickel developer launches $60M raising

Nickel developer Mincor Resources is raising A$60 million (US$41 million) ahead of a final investment decision for the restart of its Kambalda operations.

Nickel developer launches $60M raising Nickel developer launches $60M raising Nickel developer launches $60M raising Nickel developer launches $60M raising Nickel developer launches $60M raising

The Cassini box-cut at Mincor's Kambalda operations in Western Australia

The funds are being raised via a placement and share purchase plan at A72c per share, a 12.2% discount to the last closing price.