CAPITAL MARKETS

Sumatra finds $35M for Tembang

SUMATRA Copper & Gold has received $US35 million ($A34.1 million) in funding for its flagship Tembang gold project in southern Sumatra, Indonesia.

Justin Niessner
Sumatra finds $35M for Tembang

On the back of Tembang’s favourable feasibility study, which was completed last September, Credit Suisse has agreed to issue $30 million in senior debt finance facilities plus $5 million in cost overrun...

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