Capricorn Copper finds funding for project refurb

Privately held Capricorn Copper has secured a A$45-million senior facility agreement with BNP Paribas to fund the refurbishment and restart of its namesake mine, in Queensland. The senior facility agreement includes A$40-million for project development, commissioning and ramp-up, as well as a A$5-million revolving capital facility once the mine has become operational.