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Red Eagle Mining raises C$30M via rights offering

Industry Top Trends 2021: Metals and Mining

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020


Red Eagle Mining raises C$30M via rights offering

Red Eagle Mining Corp. said Aug. 11 that it raised C$30 million through a previously announced rights offering that sought to raise up to C$46 million.

The deal resulted in the issue of 85,594,689 units to eligible shareholders.

Proceeds will be used for the underground development of the Santa Rosa gold mine in Colombia.