Metals Exploration plc has agreed a five-year US$27 million financing package for its fleet of mining equipment for La India gold project in Nicaragua. The company has drawn down an initial US$20.2m of the facility secured from the Banco de America Central S.A. and expects to use the balance of $6.8m as more equipment arrives […]
Tag: semi-autogenuous mill (SAG mill)
Condor acquires $6.5m SAG mill
Condor Gold plc is to buy a $6.5 million (£4.67m) complete new semi-autogenenuous mill (SAG mill) package for its La India gold project in Nicaragua. The junior miner has avoided a 12-month wait for the design and manufacture of the equipment by buying the SAG mill from Canadian company First Majestic Silver Corp. The La […]