FINANCE: Major mining deals closed in December 2009

In the run-up to the end of last year, there were only a handful of mine financings over $10 million pushed th...

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In the run-up to the end of last year, there were only a handful of mine financings over $10 million pushed through to completion near the end of the month.

 

Company

Millions

Use of funds

 

 

 

Century Mining

$55.78

Reopening of the Lamaque gold mine at Val d'Or, QC

Claude Resources

$13.80

Exploration at the Madsen gold project at Red Lake, ON

Mantra Resources

$52.00

(Issuance of common shares corresponding to new TSX listing)

Magellan Minerals

$21.25

Exploration and property acquisition

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