The planned expansion of the LaRonde gold-copper mine in northwestern Quebec moved one step closer to reality recently, with
The US$100-million, 8-year financing will be secured by a first charge on the LaRonde mine, and a portion of the money will be used to expand the mine to 5,000 tons per day.
The banks have completed due diligence, and the first tranche will be US$75 million.
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