PROJECT FINANCE

EnviroGold secures Las Lagunas loan

DESPITE market instability and the credit crunch, junior gold play EnviroGold has lined up a $US23 million ($A25.7 million) loan for its Las Lagunas gold tailings project in the Dominican Republic.

MiningNews.Net

The Perth-based company saw its shares boosted by 10% yesterday from 14.5c to 16c after it announced the details of the loan facility secured from the Standard Bank. At this stage, provision of the...

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