MoneyAM MoneyAM
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Forward Diary   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Videos   Comparison Tables   Spread Betting   Broker Notes   Shares Magazine 
You are NOT currently logged in

 
Filter Criteria  
Epic: Keywords: 
From: Time:  (hh:mm) RNS:  MonAM: 
To: Time:  (hh:mm)
Please Note - Streaming News is only available to subscribers to the Active Level and above
 


IN BRIEF: Thor Mining shares jump on Kapunda study funding

ALN

Thor Mining PLC - Australia-focused exploration and development company - Says OZ Minerals Ltd agrees to provide A$2.5 million, around £1.4 million, funding support for technical investigations into in situ recovery technology at EnviroCopper Ltd, Kapunda copper-gold ISR project in South Australia. Thor holds a 30% stake in ECL, and the funding will be non-dilutive to its holding. The funds will be used to continue studies into the potential economic extraction of copper resources via ISR, Thor says.

‘This is a validation of the previous work by ECL on In-Situ Recovery of copper at the Kapunda project, in cooperation with the Commonwealth Scientific & Industrial Research Organisation and the University of Adelaide under a CRC-P grant,’ says Managing Director Nicole Galloway Warland.

Current stock price: 0.52 pence, up 9.4% on Tuesday in London

12-month change: down 29%

Copyright 2022 Alliance News Limited. All Rights Reserved.