Dundas Minerals launches $6m IPO to advance nickel-copper-gold assets exploration
2021-09-27 11:27:27 [Print]
Australia's Dundas Minerals launched an initial public offering this week. The company hopes to raise a maximum $6 million through the issue of shares priced at $0.20 each, providing funds to implement its exploration strategies across a 1,152 square kilometre ground position in Western Australia's Southern Albany-Fraser Orogen.
The region is one of the most sought-after mineral districts in the state and has hosted several company-maker discoveries including the Nova-Bollinger nickel deposit (owned by IGO) and the Tropicana gold mine (AngloGold Ashanti).
Last year, Legend Mining also staked its claim in the Orogen, unveiling the Mawson prospect at its Rockford nickel-copper-gold-zinc-silver project.
The region is one of the most sought-after mineral districts in the state and has hosted several company-maker discoveries including the Nova-Bollinger nickel deposit (owned by IGO) and the Tropicana gold mine (AngloGold Ashanti).
Last year, Legend Mining also staked its claim in the Orogen, unveiling the Mawson prospect at its Rockford nickel-copper-gold-zinc-silver project.
Nickel Ore Philippine 1.5%min CIF China
Unit:USD/mt
China nickel sulfate producers' inventory statistics by province by month
Unit: mt
