TSX-listed copper developer Nevada Copper on Wednesday announced a range of financing agreements for the construction of its underground mine at Pumpkin Hollow, in the US, including a $115-million credit agreement from Germany’s KfW IPEX-Bank.
Other financing includes a $35-million working capital facility with Concord Resources and offtake agreements with Aurubis, Aurubis Bulgaria and Concord, as well as an announcement about plans to raise $30-million in a public offering and private placement.