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Banks back Yaoure to tune of $150M

Perseus Mining has got the tick of approval from its bankers for its big ticket Yaoure project in Cote d’Ivoire, with Macquarie, Nedbank and Societe Generale committing to provide a revolving cash advance facility of US$150 million.

Michael Quinn
Development of Yaoure in Cote d’Ivoire is a key focus for Perseus

Development of Yaoure in Cote d’Ivoire is a key focus for Perseus

Yaoure has estimated cost tag of $265 million, with Perseus noting it currently has more than $80 million in cash.   Making up the difference will be ongoing cash flows provided by its existing mines...

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