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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, through the repayment of the Anglo American sefa Mining Fund (AASMF) loan facility.

There are plenty of reasons for investors to avoid Orion Minerals (ASX: ORN), a copper hopeful which has essentially gone nowhere over the past 10 years, and a few important reasons to take a closer look at a company showing signs of stirring.

Canadian health and environmental advocates today called on communities, school boards and governments at every level to accelerate the electrificatio....

Orion Minerals Ltd (ASX:ORN, JSE:ORN) is raising $13 million in a two-tranche share placement to sophisticated and professional investors to accelerate the...

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.