EXPLORATION & DEVELOPMENT

Martabe is ours: Agincourt

AGINCOURT Resources expects to fund the estimated $US165 million ($A216 million) development cost of the recently acquired Martabe gold-silver project in Indonesia through a combination of debt and “something creative with the silver resources” at the project.

Michael Vaughan
Martabe is ours: Agincourt

Managing director Peter Bowler told MiningNews.net today that after recently raising $100 million to partially fund the acquisition, the option of further equity is not Agincourt’s preferred project financing...

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