Cashed strapped mining hopeful Redbank Copper plans to re-start production at its mothballed namesake project in the Northern Territory in the second half of this year.
Redbank Mines has agreed to a $6 million funding package from Crawley Investments, the unlisted investment vehicle of mining identity, Michael Kiernan.
Perth-based mineral explorer Redbank Mines Ltd has secured an off-take agreement with Swiss commodities giant Glencore International AG with a $1 million underwriting of its $1.8 million rights issue announced today.
