Kalgoorlie Miner – Medallion Metals enters into $US50 million funding deal for development of Ravensthorpe gold project

Medallion Metals (ASX:MM8) is raising $27.5 million through an institutional placement to progress its sulphide development strategy, in hopes of acquiring IGO’s (ASX:IGO) sulphide flotation plant in Western Australia. Read Full Article

Medallion Metals will now pay nothing to purchase IGO’s Forrestania nickel operation in Western Australia under the final terms of a sales and purchase agreement that includes the Cosmic Boy plant. Read Full Article

The Ivan Vella-led miner on Thursday told investors it had entered into exclusive talks with West Perth-based gold and copper explorer Medallion Metals to do a deal that would ensure it kept one foot on the region’s prospective lithium deposits. Read Full Article

Medallion Metals will collect $2.2 million by subleasing its 90-person Ravensthorpe camp to Allkem as new investment is put into the Mt Cattlin lithium mine. The explorer which is developing the Ravensthorpe gold project told the ASX on Wednesday the 18-month arrangement made sense at a time when Medallion did not need to fully utilise…

Welcome to Ten-Bagger, where Lowell Resources Fund chief investment officer John Forwood gives us his take on a sector of the ASX resources market full of value. View Full Article

The metallurgical review, undertaken by GR Engineering Services Limited (GRES), was aimed at confirming the preferred processing route to maximise gold, copper and silver recovery from RGP’s ores. Read Full Article