Orion Minerals welcomes $21 million funding deal with IDC for Prieska Copper-Zinc Mine
News release
by
Orion Minerals Ltd
Melbourne, Victoria | February 08, 2023 04:30 PM Eastern Standard Time
Orion Minerals Ltd (ASX:ORN, JSE:ORN) CEO Errol Smart speaks with Proactive soon after announcing the company has signed a definitive agreement for a ZAR 250 million (~A$21 million) senior secured convertible loan facility with the Industrial Development Corporation of South Africa Limited (IDC) to fund early mining work and pre-development at the Prieska Copper-Zinc Mine. He says it’s a hugely exciting time with the company entering the final stages of early development studies and preparing for the imminent transition to development.
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Jonathan Jackson
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