Orion Minerals halts Prieska financing talks

Copper developer Orion Minerals on Tuesday said that it would postpone debt financing activities for the development of its Prieska copper project, in South Africa, until global macro-economic and market conditions stabilise.

The ASX- and JSE-listed Orion has told shareholders that the company has proactively implemented work-from-home protocols from March 13, and has implemented cost saving and asset preservation initiatives across its business since the start of the COVID-19 outbreak.