Orion Minerals raises $5.5 million to advance Prieska Project development opportunity
Funds will be used to complete BFS optimisation studies and early stage works for the Prieska Copper-Zinc Project.
Company
Orion Minerals Ltd
ASX:ORN
Orion Minerals Ltd (ASX:ORN, JSE:ORN) is a globally diversified metal explorer and developer.
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Orion Minerals in trading halt ahead of capital raising news
In Australia, the company maintains a tenement package in Fraser Range province as well as mineral rights across several tenements within the Walhalla project area in Victoria.
Orion Minerals director acquires more shares
The company’s flagship asset is its Prieska Zinc-Copper Project in South Africa’s Northern Cape Province.
Orion Minerals takes another step at Prieska by completing BEE restructure share issue
Shares have been issued to existing BEE shareholders at the asset level and there has been a simultaneous transaction with new BEE partner Prieska Resources.
Orion Minerals and Byrnecut agree to collaborate on underground mining at Prieska Project
Byrnecut has an impressive reputation on the African continent both in terms of their operational proficiency and their approach to skills transfer.
Orion Minerals granted mining right for Prieska Copper-Zinc Project in South Africa
The Prieska Project is one of the few permitted mid-tier base metal assets well positioned to move into development and production.
Orion Minerals gets consent to increase control over regional exploration package
The 980 square kilometre exploration tenement package is 80 kilometres north of the Prieska Project in South Africa’s Northern Cape Province.
Orion Minerals is an undervalued base metal miner: Vunani Securities
In South Africa, Orion owns 70% of the Prieska project, where the company recently completed a BFS that indicates robust returns.
Orion Minerals' partner begins drilling highly prospective Fraser Range targets
Orion has free-carried exposure to a first-class exploration program being undertaken by IGO in one of Australia’s most prospective new mineral frontiers.