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De Grey secures A$1bn senior debt for WA gold mine

By:  
Creamer Media Senior Deputy Editor Online
 
GOLD
The Hemi gold project, in Western Australia, is getting closer to a final investment decision with developer De Grey Mining on Friday announcing that the project was fully funded. The ASX-listed company has secured a A$1-billion senior debt facility from commercial banks and government agencies, as well as a A$130-million cost overrun facility.
 
 
 
 
 

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