Orion turbocharges Prieska study

The Sydney- and Johannesburg-listed exploration and development company Orion Minerals, which is developing a zinc and copper project at Prieska in the Northern Cape, on Wednesday announced the second tranche of its two-tranche share issuance to raise $7.86-million. The total $11-million capital raise will progress the Prieska project’s bankable feasibility study, which is scheduled for completion in early 2019, as well as support the exploration programmes under way on the company’s Northern Cape tenements.