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Australia Mining

Grafa

Lion Selection Group backs Sunshine Metals’ $22m funding for Mt Moss acquisition

Lion Selection Group (ASX: LSX) has committed $3 million as part of a $22 million capital raising by Sunshine Metals (ASX: SHN).

Following completion of the placement and SPP, Lion is expected to hold approximately 10.1% of Sunshine.

Read more: Lion Selection Group backs Sunshine Metals’ $22m funding for Mt Moss acquisition
Grafa

South32 flags $4.6b cost increase at Hermosa project amid inflation and tariff pressures

South32 Limited (ASX:S32) has revealed a substantial capital expenditure increase for its flagship Hermosa project in Arizona, lifting the expected growth capital for the Taylor deposit to about US$3.3 billion (approximately A$4.6 billion), up from US$2.16 billion at final investment approval.

Read more: South32 flags $4.6b cost increase at Hermosa project amid inflation and tariff pressures