Spartan raises A$80m for Dalgaranga

ASX-listed Spartan Resources on Thursday unveiled an A$80-million fully underwritten equity raising to accelerate exploration and development of the Dalgaranga gold project, in the Murchison district of Western Australia. Dalgaranga produced about 70 000 oz of gold in the 2022 financial year, before being placed on care-and-maintenance in November 2022 to implement an operational reset designed to preserve the value of its extensive infrastructure and resource base while developing a new, sustainable operating plan.