PRIVATE EQUITY
Private equity firm Denham Capital has agreed to back private project developer JDS Silver by providing $65-million to complete construction and bring into production the Silvertip mine, in northern British Columbia. At a 30% zinc-equivalent grade, the Silvertip project has one of the highest-grade zinc deposits globally, in addition to silver and lead. JDS started construction in December and expects the asset to produce first concentrates this week.
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