Gold miner Resolute Mining has secured a new, flexible low-cost syndicated loan facility of up to $300-million to refinance its existing debt.
The Australia and UK-listed miner said that the new facility would be used on the existing $63-million secured project loan facility provided by Taurus Funds Management for the initial construction of the Mako mine, in Senegal, and to replace the $195-million senior bank debt facilities.