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Peel Mining rides Cobar interest, readies raising

While eyes are on Glencore’s auction to sell its CSA Mine, another Cobar play is readying its own deal.

Peel Mining, a $90 million listed base metals hopeful, and its stockbroker Ashanti Capital were believed to be lining up investors for an equity raising on the weekend.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

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Original URL: https://www.afr.com/street-talk/peel-mining-rides-cobar-interest-readies-raising-20220220-p59y13