Canadian Mining Journal Staff

Posts by Canadian Mining Journal Staff:

FINANCING: Richmont tops up treasury

MONTREAL – Richmont Mines has raised $26.0 million via a non-brokered private placement. In return the company has issued 5.97 million common shares at a value of $4.35 each. The company says its cash position is now $60 million and it...
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Namibia diamond mine revival draws $50M investment

Kenzoll Capital and MSF Commercials plan to revive Elizabeth Bay as Namibia grapples with a sharp diamond export slump.