Regis extends debt for new mine

GOLD producer Regis Resources has extended an existing debt facility to fund the $A109 million Garden Well mine in Western Australia, while its operating mine Moolart Well has posted its best quarter yet.

Regis extends debt for new mine Regis extends debt for new mine Regis extends debt for new mine Regis extends debt for new mine Regis extends debt for new mine

The facility with Macquarie Bank totals $80 million in two tranches.

The first tranche is $60 million, of which $30 million was drawn down for the development of the Moolart Well mine last year.