Mercator Minerals Ltd. is pleased to announce that it has entered into a mandate with RMB Resources Inc (“RMB”), the resource financing division of the FirstRand Group of South Africa, to arrange up to $30 million in a corporate debt facility to repay the Company’s C$25.0 million pre-construction credit facility due January 2013.
Grupo Mexico and GE Power Conversion business have partnered to expand capacity at the Buenavista copper mine in Sonora, Mexico with GEs proprietary Quadramatic drive technology.
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