News Articles for Far East Capital

Perth-based Lucapa Diamond Company has raised funds to expand the processing capacity at its Mothae kimberlite mine in southern Africa by 45 per cent.

SPECIAL REPORT: Perth's hotel capacity has increased by about 30 per cent since 2012 and Business News has identified a further 3,150 rooms that are either under construction or committed, as the city's hotel sector is transformed.

First Graphite has announced plans to raise $3.52 million from investors through the placement of 32 million shares at 11 cents each.

Junior miners Azure Minerals, Cazaly Resources, Antipa Minerals and First Graphite have raised a combined $25.1 million to fund ongoing work at their respective projects.

Junior explorer MRL Corporation has received firm commitments for a $4 million capital raising to fund development of mine shafts at its graphite tenements in Sri Lanka.

Subiaco-based Lucapa Diamonds raised $4 million from a placement of shares to grow cash flows at its Lulo Diamond Project in Angola.

Perth-based minerals explorer Talga Resources has received firm commitments for a discounted placement to raise $5.5 million.