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Battle North cashes up for Bateman build

Aussie investment bank Macquarie has agreed to provide Battle North Gold with a US$40 million loan to fund construction of the shovel-ready Bateman project in Ontario's burgeoning Red Lake Mining Camp.

Henry Lazenby
Battle North Gold has secured a construction loan for its Bateman mine restart in Ontario's Red Lake, Canada

Battle North Gold has secured a construction loan for its Bateman mine restart in Ontario's Red Lake, Canada

The proceeds of the credit facility, together with cash currently on the company's balance sheet, is expected to make up the initial C$109 million required to fund the project to commercial production,...

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