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DEVELOPMENT of the US$39.6 million Kainantu gold project owned by Highlands Pacific has moved another step closer with ABN Amro increasing the debt it is prepared to provide from US$25 million to US$31 million.
Highlands said documentation for the debt facility is expected to be completed in the "coming weeks".
Highlands finance manager Jeff Forbes told MiningNews.
Perenti strengthens balance sheet
Downer refinances to boost flexibility
