Continental obtains $175m for Colombia gold mine

TSX-listed project developer Continental Gold has obtained a $175-million funding package to complete the construction, commissioning and start-up of its Buriticá gold project, in Colombia.

The package consists of $75-million of unsecured convertible debentures issued to certain investors, including gold major Newmont Mining, and a $100-million gold and silver stream from Triple Flag Mining Finance Bermuda.