AUSTRALIA STORIES

Gascoyne moves in on financing

Gascoyne Resources (AU:GCY) is aiming to have debt funding in place by the end of January for its Dalgaranga project, with debt providers “aggressively pitching” to the budding gold developer.

The Dalgaranga gold project has a 100,000 ounce per annum profile

The Dalgaranga gold project has a 100,000 ounce per annum profile

Managing director Mike Dunbar told the Gold and Silver Investor Hub that while a 60:40 debt-to-equity ratio was possible for the A$86 million (US$62 million) project, the company had been advised up to...

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