Aeris raising $30m amid Mount Colin revenue delays

Aeris Resources has launched a placement and entitlement offer to raise about $30 million as it looks to shore up working capital. The move comes as delays in toll-treating ore from the Mount Colin mine in north-west Queensland (pictured above) slow the company’s revenue stream. Aeris Resources executive chairman Andre Labuschagne said the company’s focus […]

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Industry Queensland
Industry Queensland