RNC announced today that it has entered into a US$13 million bridge financing facility with Auramet.
RNC Minerals Mining News
The company's Dumont cobalt and nickel project in Quebec is the world’s largest undeveloped reserve of both metals, with over 1 billion tonnes of reserves and a 33-year mine life.
Cobalt 27, RNC Minerals shares pop after inking $70m deal on world's largest undeveloped cobalt, nickel sulphide deposit.
Joint venture will focus on nickel assets, particularly the Quebec-based Dumont project, which is expected to become the world's fifth largest nickel sulphide mine.
Debt refinancing provides big boost for ramp-up and development of Beta Hunt gold mine in Western Australia acquired in May.
Now called RNC Minerals, the Toronto-based miner raises $9.2m to ramp up Australian gold mine acquired in May as Eric Sprott takes 10% stake.