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Altona borrows $US20M

ALTONA Mining has inked a $US20 million ($A18.8 million) loan facility with Credit Suisse to provide working capital for the Outokumpu copper mine in eastern Finland.

MiningNews.Net
Altona borrows $US20M

The loan comes after Altona raised $70 million earlier this year underwritten by Credit Suisse. In a statement, Altona said the funds would free up equity funds that would otherwise be held as a buffer...

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