Flinders plans $53m raising for Pilbara

Adelaide-based Flinders Mines is planning to raise more than $50 million through an institutional placement and a fully-underwritten rights issue to progress its Pilbara iron ore project.


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Seeing all those mining companies coming out of the ground like mushrooms frightens me a bit. And then to think that less than 50 years ago there was an embargo on the export of iron ore.

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