PROJECT FINANCE

Gryphon secures Banfora funding

PERTH’S Gryphon Minerals is another step closer to production after securing a financing mandate with Macquarie Bank for up to $US60 million ($A64.7 million) to build the Banfora mine in Burkina Faso.

Kristie Batten
Gryphon secures Banfora funding

After a competitive tender process, Macquarie has been mandated to act as the sole arranger and underwriter of a $60 million senior loan facility and associated hedging and cost overrun facilities. ...

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