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Packaging Machinery Market Report 2023: Increase in Goods Manufacturing Across Industries, Favorable Government Regulations for Product Safety, and Technological Advancements Fuels Sector

/PRNewswire/ -- The "Packaging Machinery Market by Type, by Function, Automation, End-use and Geography - Global Forecasts to 2030" report has been added to...
United States Laura Wood Omori Machinery Co Ltd Omori Machinery Co Company Profiles Business Overview Office Hours Call

Orion's R893-m funding placement will bring financial certainty to projects – analyst

ASX- and JSE-listed Orion Minerals’ recently announced funding placement of R893-million will bring financial certainty to the company’s two Northern Cape projects – the flagship Prieska copper/zinc mine (PCZM) and the Okiep copper project (OCP) – boutique mining investment research house S2 Research mining investment research analyst Simon Hudson-Peacock has said. In an analysis of Orion’s strategic funding package and valuation update, published on May 10, Hudson-...
Northern Cape South Africa South African Simon Hudson Peacock Adelphi Group Orion Mineral

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Orion satisfies key condition for drawdown of funding for South African projects

Dual-listed Orion Minerals highlights that it has taken another important step in advancing the multi-pronged funding strategy for its flagship base metals project, in the Northern Cape of South Africa, after repaying a legacy loan facility. The company has satisfied one of the key conditions precedent to draw down both the R250-million Industrial Development Corporation of South Africa (IDC) convertible loan facility and the A$10-million Triple Flag Precious Metals early funding arrangement, th...
Northern Cape South Africa United States Mining Fund Orion Minerals Adelphi Group

Orion will now build smaller but get base metals into production far sooner

What South Africa’s base metals mining aspirant Orion Minerals has been trying to do over the last two years is to drive a very typical historic project financing arrangement for junior mining. This very typical historic project financing model involves getting banks in for between 60% and 70% of the project finance and equity in for 30% to 40% and then you build a mine.
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