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Orion Minerals Ltd

Orion Minerals makes significant restructure to its BEE ownership

Orion Minerals Ltd's (ASX:ORN) chief executive Errol Smart spoke to Proactive London after completing an A$8 million capital raising as part of a proposed restructure of the company’s black economic empowerment (BEE) equity participation.

The raising precedes the company obtaining a mining right for its flagship Prieska Zinc-Copper Project in South Africa’s Northern Cape province and the delivery of the project’s bankable feasibility study (BFS) which Smart says is on track for later this quarter.

Quick facts: Orion Minerals Ltd

Price: $0.03

Market: ASX
Market Cap: $72.02 m
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BFS confirms 'quality and scale' of Orion Minerals' Prieska project

Orion Minerals Ltd's (ASX:ORN) Errol Smart talks Proactive London's Andrew Scott through the just-released BFS (Bankable Feasibility Study) on its Prieska Project in the Northern Cape region of South Africa. Smart's delighted with the results of it which he says confirm the project's...

on 24/6/19

2 min read