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TNR Gold royalty project Los Azules advances as McEwen Copper secures $240M term loan
Source: proactiveinvestors.com
Commodities & Raw MaterialsPrivate Markets & VentureCompany Fundamentals
McEwen Copper closed a $240 million, four-year senior secured term loan to advance the Los Azules copper, gold and silver project in San Juan, Argentina. TNR Gold holds a 0.4% net smelter returns royalty on the project, so continued development could improve the value and visibility of its royalty interest.
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