CAPITAL MARKETS

Firefinch raises A$47 million to fast track Morila ramp-up

Firefinch is raising A$47 million to become a 200,000 ounce per annum producer at Morila in Mali by 2024.

Michael Quinn
 The current Morila pit, Mali

The current Morila pit, Mali

The new shares are being priced at 40c each. The company said the funds would allow the mining of satellite pits near Morila and production of 50,000ozpa, ahead of the reboot of mining in the Morila...

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