Gold miner gets $15M loan

K92 Mining has said that it had had entered into a loan agreement with commodity trader Trafigura in which Trafigura will provide a $15 million loan to the PNG miner and an offtake agreement to buy 100% of K92’s copper-gold concentrate from Kainantu gold mine.

Gold miner gets $15M loan Gold miner gets $15M loan Gold miner gets $15M loan Gold miner gets $15M loan Gold miner gets $15M loan
K92 says the money would be used mainly for the expansion of the mine in the Eastern Highlands Province.