trending Market Intelligence /marketintelligence/en/news-insights/trending/6cl3TFZH7IIaIy_9ocIMAQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Tembo Capital makes A$3M cornerstone investment in Orion Minerals

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020

Report Outlooks of Lithium and Cobalt

Essential Metals & Mining Insights July 2020


Tembo Capital makes A$3M cornerstone investment in Orion Minerals

Orion Minerals NL said May 31 that private equity group Tembo Capital will become a cornerstone shareholder and inject A$3 million to fast-track the redevelopment of the historic Prieska zinc-copper mine in South Africa.

The company will issue 125 million shares at a price of 2.4 cents each, giving Tembo a 12.5% stake.

As part of the deal, Orion also granted an anti-dilution right for Tembo to maintain its stake and the right to appoint a nonexecutive director.

Orion may also seek an additional share placement of up to 75 million shares to sophisticated and professional investors at a price of 2.4 cents each, bringing the total amount raised to A$4.8 million.

The cornerstone investment agreement followed an initial A$3 million investment through a convertible notes issue in March.