
Artemis pens $6m funding deal
Artemis’ Radio Hill processing plant is on track to be in production by mid-2018. Image: Artemis Resources. BY CAMERON DRUMMOND PILBARA-focused Artemis Resources has received a $6 million loan to fund the upgrade and refurbishment of its Radio Hill copper-nickel-cobalt processing plant south of Karratha. The deal was penned with London-based Riverfort Global Capital, which funded a previous $3m loan to the company. The funding for the upgrade will also be used for a 500,000 tonne per annum (tpa) gold circuit allowing for treatment of ore from Artemis’ Carlow Castle and Silica projects. Artemis said that contract bulk sampling processing would be offered to other conglomerate gold companies in the region; with the plant expected to be fully operational by…