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Rubicon given 30 days to put house in order

Rubicon Minerals is now on the clock after breaching a covenant under its secured loan agreement with the Canada Pension Plan Investment Board (CPPIB).

Mining Journal
Rubicon Minerals is in need of a few more of these gold bars

Rubicon Minerals is in need of a few more of these gold bars

One of the requirements of the US$50 million loan was to process an average of 875 tonnes per day of ore over 60 consecutive days by February 12. This was breached after the company placed its Phoenix...

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