53 / 41
      64 / 40
      73 / 51

      Lundin secures money to finish Eagle Mine construction

      Lundin Mining's Eagle Project has just received a cash infusion to finish construction at the mine.

      According to Lundin, they've secured a $250 million loan. This new deal also extends the credit agreement for $350 million to four years. Both financial sources were necessary to acquire and complete the Eagle Project mine.

      The terms of this agreement will be finalized within a month.

      Lundin says mine production at the Eagle Project should get underway in the fourth quarter of 2014.