PROJECT FINANCE

Taseko arranges US$50M RCF as Florence permit nears

Taseko Mines has signed a US$50 million revolving credit facility (RCF) with National Bank of Canada for working capital purposes as it prepares to build the Florence copper project in Arizona, USA.

 Taseko Mines Florence project in Arizona, USA

Taseko Mines Florence project in Arizona, USA

The company said it expects to be able to fully-fund the project from cashflow, but the RCF will add strength to its balance sheet. "While we have no intention of drawing any funds from the new facility...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.