Australian copper explorer and developer KGL Resources has raised $23.04 million from its one-for-six non-renounceable entitlement offer of fully paid ordinary shares in the company.
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NT Government grants KGL authority to mine Jervois
The Northern Territory Government has approved KGL Resources’ mining management plan to develop the Jervois copper project after the mining company completed a pre-feasibility study.
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KGL seeks funds to advance Jervois copper project
KGL Resources plans to raise up to $12.4 million to accelerate its exploration program at the Jervois copper project in the Northern Territory.
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Mining set for growth in the Northern Territory
The outlook for mining in the Northern Territory is rising, with three operations receiving project facilitation agreements, helping them progress development.
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Major project status awarded to NT’s Jervois project, more than 600 jobs to come
More mining jobs are on the way for the Northern Territory after the territory government awarded KGL Resources’ Jervois copper-silver-gold project a major project status.
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