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THE Phu Kham copper-gold project in Laos will cost Pan Australian Resources $US232 million ($A324 million) to develop and ANZ Investment Bank will provide about 65% of the necessary debt finance, with the remaining capital coming from either new equity or finance from off-take partners.
Pan Australian says Goldman Sachs JB Were is arranging the equity component of project finance, with current plans stipulating any new equity comes in the form of an entitlements issue.
After year of social unrest and COVID-19, junior funded to accelerate staged development in Chile
