CAPITAL MARKETS

Oxiana nails down Sepon financing

MELBOURNE-based explorer Oxiana Resources is set to make the transition to miner by the end of the year after the International Finance Corp approved a US$30 million debt financing package for the development of the Sepon gold project in Laos.

Greg Tubby
Oxiana nails down Sepon financing

As part of the financing package, IFC - an arm of the World Bank - will make an undisclosed equity investment in the project. Oxiana has already started engineering and preliminary site civil works at...

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