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OceanaGold secures funding for Didipio

GOLD producer OceanaGold Corporation is continuing with development of its Didipio project in the Philippines after entering into an agreement with a group of multinational banks for a $US220 million ($A215 million) credit facility.

Lauren Barrett
OceanaGold secures funding for Didipio

The company said the three-year facility could be used for the repayment of two convertible bonds, while the remaining $50 million would be set aside for working capital. OceanaGold managing director...

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