Altan Tsagaan Ovoo (ATO) Gold Mine

Altan Tsagaan Ovoo (ATO) Gold Mine Expansion Project - DBM Direct Financing

Industry
Metals and Mining/Minor & precious metals
Area of finance
Project & Infrastructure Finance
Region
Asia Pacific
Asia Pacific
Countries
Mongolia

Deal Overview

This loan will be used as financing for expansion company's production from 30,000 to over 100,000 ounces per annum for 12 years at approximately $900 per ounce Au Eq and anticipated to produce over 1.2 million ounces of gold equivalent on a recovered basis.

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Deal Volume
$148.4m
Financial Close
09/01/2024
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Project Deals

Altan Tsagaan Ovoo (ATO) Gold Mine Expansion Project
$148.4m
Brownfield
Minor & precious metals
Asia Pacific
Asia Pacific
Mongolia