Hot Chili arranges nearly A$30m for Chile copper project

ASX-listed copper miner Hot Chili has arranged about A$30-million in funding to accelerate its Costa Fuego copper project, located in the coastal range of Chile.

The company, which also trades on the TSX-V, arranged a A$24.9-million private placement to institutional and professional investors through the issue of 24.9-million fully paid ordinary shares at A$1 each.