Big name investors back gold developer Medallion with $6.5m as bullion hits record highsMining

Medallion Metals (ASX:MM8), which owns the 1.6Moz Au Eq Ravensthorpe gold project in WA, headed for a trading halt on Friday and emerged with $6.5m in fresh capital at 10c a share, a narrow discount of around 4.8% to its last traded price of 10c.

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