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Dacian signs Mt Morgans debt deal

It has not been easy going, but Dacian Gold is finally able to sign off on 2016 having funded the bulk of construction on its Mt Morgans project in Western Australia.

Dacian signs Mt Morgans debt deal Dacian signs Mt Morgans debt deal Dacian signs Mt Morgans debt deal Dacian signs Mt Morgans debt deal Dacian signs Mt Morgans debt deal

The plan at Mt Morgans would see 186,000 ounces per annum of gold produced in the first four years

The A$150 million debt package is with Westpac Banking Corporation, ANZ and BNP Paribas and comprises $140 million for project development and a $10 million cost overrun facility.