Macquarie gets Afcan business

AFCAN Mining Corp has appointed Macquarie Bank to arrange project finance facilities for funding the construction of the Tanjianshan gold project in Quinghai Province, China.

Whilst details on the project are difficult to ascertain, a pre-feasibility study finalised in late 2002 considered a 70,000 ounce per annum underground mine operating for 6 years.

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