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Stavely raises A$19.6m

ASX-listed Stavely Minerals will raise A$19.6-million through a share placement to fund gold and copper/gold exploration across Australia.

The company on Monday told shareholders that 19.6-million shares will be placed at a price of A$1 each to raise the capital, with the placement to be undertaken under the company’s existing capacity.

Poland’s backing wind power in the heart of coal country

As he stood outside a coal mine during a campaign stop last month, Poland’s Prime Minister Mateusz Morawiecki surprisingly touted the project’s green credentials.

“Without investments like this one, we wouldn’t have renewable energy and other industries that we are betting on,” Morawiecki told a crowd of miners in Silesia, the country’s coal heartland.

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