Turaco Gold, the owner of gold projects in Cote d’Ivoire that are capitalised at $270 million on the ASX, launched a $35 million placement on Wednesday morning to fund work at its Afema mine, which announced a 2.52 million ounce mineral resource estimate in August.
Listed gold miner Turaco Gold was seeking $35 million on Wednesday morning. Louie Douvis
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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
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
