https://newsletter.mw.creamermedia.com
Copper|Design|Engineering|Exploration|PROJECT
Copper|Design|Engineering|Exploration|PROJECT
copper|design|engineering|exploration|project

Marimaca Copper raises A$80m in oversubscribed placement

8th September 2025

By: Creamer Media Reporter

     

Font size: - +

Toronto-listed Marimaca Copper said on Friday it had secured A$80-million through a brokered placement in Australia and select jurisdictions outside Canada, adding new institutional investors to its register.

The company issued 8.25-million Chess Depositary Interests at A$9.70 each, with demand exceeding the targeted amount, it said. Completion of the placement is expected around September 11, subject to regulatory approvals, including from the TSX.

Proceeds will fund exploration at the Pampa Medina project and the Marimaca sulphide target, detailed design and engineering work for the Marimaca Oxide Deposit (MOD), and general corporate purposes.

Marimaca is developing its flagship copper project in Chile’s Antofagasta region, where it also controls more than 15 000 ha of exploration ground, including the Sierra de Medina property 25 km from the MOD.

Edited by Creamer Media Reporter

Comments

Showroom

Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 
Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 05 September 2025
Magazine round up | 05 September 2025
5th September 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.082 0.196s - 144pq - 2rq
Subscribe Now