trending Market Intelligence /marketintelligence/en/news-insights/trending/_qDtpCIr-KEDJ-HOHf8C5Q2 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

Artemis Resources raising A$5.9M to clear debt, advance projects

COVID19 Mining Impacts Mining Projects With At Risk Production

Mining Insights Newsletter June 2020

A Decade of Underperformance for Gold Discoveries

State of the Market: Mining Q1-2020


Artemis Resources raising A$5.9M to clear debt, advance projects

Artemis Resources Ltd. aims to raise A$5.9 million to retire all debt and advance its projects in Western Australia towards the feasibility stage, with settlement anticipated around Oct. 17.

The company said Oct. 15 that it received firm commitments for a capital raise priced at 3.2 cents per share, a 23% discount to its 15-day, volume-weighted average price as of Oct. 9. The offer has received firm commitments from international and Australian institutions, as well as sophisticated investors.

Artemis Resources said it will use proceeds to repay A$4.6 million in convertible notes from Riverfort Global Capital Ltd. and provide A$1.1 million in funds for its key projects in the Telfer and Karratha areas. The company's assets include the Radio Hill nickel-copper processing plant and a 50% interest in the Carlow Castle gold-cobalt-copper project and the Purdy's Reward property.

In March, the company outlined plans to seek a listing on the London Stock Exchange's AIM segment as part of a plan to become a gold producer focused on the Pilbara region. In July, the company agreed to acquire Rincon Resources Ltd. and its South Telfer copper project in Western Australia's Paterson Range.