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Equinox secures loan to rid Lumwana of debt

EQUINOX Minerals has secured commitments from four commercial banks to provide a new $US400 million ($A448 million) loan facility to “extinguish” the existing Lumwana copper project’s debt facilities.

Claire Svircas
Equinox secures loan to rid Lumwana of debt

The miner said the new loan facility, being extended by Standard Bank, Standard Chartered Bank, Industrial and Commercial Bank of China and BNP Paribas, would allow greater flexibility than the existing...

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