SCP Resource Finance

Gold explorer Emerald Resources is seeking to raise $75 million through a share placement to develop its Okvau project in Cambodia, while also finalising a $US60 million ($A88 million) loan with Sprott Private Wealth.

Emerald Resources has moved closer to developing its Okvau gold project in Cambodia after signing a $US230 million ($A365 million) mining contract with MACA.

Centaurus Resources says it will accelerate drilling activities at the company’s Jaguar nickel project in northern Brazil using $25.5 million raised from a share placement.

Corporate advisers expect a more difficult market after a very buoyant period, but also see a silver lining.

Gold exploration company Predictive Discovery has announced it will raise $50 million in a bid to enhance further growth and development at its flagship Bankan gold project in Guinea.