Orion Minerals enlarges capital raise target

Copper developer Orion Minerals has increased its capital raise from A$5.5-million to A$6.4-million after receiving additional commitments from sophisticated and professional investors.

The ASX-listed company earlier this week announced the capital raise to fund the completion of a bankable feasibility study (BFS) and early stage work at the Prieska copper/zinc project, in the Northern Cape.