Polymetals Raises Funds to Ramp Up Endeavor Mine The Endeavor mine in outback New South Wales is ramping back into production after a period of inactivity. The historic silver-zinc operation has recently restarted, with mining activity building as the site returns to steady operations. $34 Million Capital Raise Polymetals Resources has raised more than $34 million through a capital raising to support the next phase of work at Endeavor. The funds will be used to accelerate drilling, lift mining rates, and strengthen the company’s balance sheet as production increases. Focus on Drilling and Production The capital injection allows Polymetals to expand near-mine and regional drilling programs while increasing mining activity at the site. The company has flagged higher mining rates as operations progress, supported by improving cashflow from the restart. Timely Boost Amid Strong Silver Prices The funding comes at a time of strong silver prices, providing a favourable backdrop for the restart. With production ramping up and exploration continuing, Polymetals is positioning Endeavor as a potential long-life asset within its portfolio. — ASX:POL| ASX Mining News & Discussion
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$POL Polymetals Raises Funds to Ramp Up Endeavor Mine

The Endeavor mine in outback New South Wales is ramping back into production after a period of inactivity. The historic silver-zinc operation has recently restarted, with mining activity building as the site returns to steady operations.

$34 Million Capital Raise

Polymetals Resources has raised more ...
Polymetals Raises Funds to Ramp Up Endeavor Mine

The Endeavor mine in outback New South Wales is ramping back into production after a period of inactivity. The historic silver-zinc operation has recently restarted, with mining activity building as the site returns to steady operations.

$34 Million Capital Raise

Polymetals Resources has raised more than $34 million through a capital raising to support the next phase of work at Endeavor.
The funds will be used to accelerate drilling, lift mining rates, and strengthen the company’s balance sheet as production increases.

Focus on Drilling and Production

The capital injection allows Polymetals to expand near-mine and regional drilling programs while increasing mining activity at the site. The company has flagged higher mining rates as operations progress, supported by improving cashflow from the restart.

Timely Boost Amid Strong Silver Prices

The funding comes at a time of strong silver prices, providing a favourable backdrop for the restart. With production ramping up and exploration continuing, Polymetals is positioning Endeavor as a potential long-life asset within its portfolio.

Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience.

Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?