PROJECT FINANCE

Besra scores US$300M for Bau development

PLANS to redevelop Besra Gold’s three million ounce Bau gold project in Malaysia have just scored a major boost with up to US$300 million in non-recourse offtake funding offered.

Besra scores US$300M for Bau development

Malaysian bullion dealer and 27.27% Besra shareholder Quantum Metal Recovery is set to provide the funding over 30 months at $10 million per month, secured against future production. Besra will deliver...

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