Business
Global Exploration Snapshot: Companies with exciting projects on the go – MINING.com
Eight companies with assets poised for growth.
In mid-October, the company announced that it would be going ahead with the construction of the Magino project in Ontario, 40 km northeast of Wawa. With a two-year construction period, the company anticipates the first gold pour in the first half of 2023.
In tandem with the announcement, the producer announced debt financing for the project, for a total of up to $175 million. This includes a $50-million bought deal offering of senior unsecured convertible debentures and an extension and expansion…
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