PROJECT FINANCE

Galena commits to Abra with James to run the show

GALENA Mining has rubber-stamped the development of the Abra lead project in Western Australia, with mining engineer Tony James to transition to the managing director’s role as the company made its so-called final investment decision.

 Abra, Murchison region, Western Australia

Abra, Murchison region, Western Australia

First production from the underground development is scheduled for the first quarter next year. Funding for the development is coming from a US$110 million debt facility provided by Taurus, and funds...

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