News
18 July 2017

Bloom Lake mine restart debt signed

Region:
Americas

Champion Iron has raised $180 million of five-and seven-year debt from Caisse de depot et placement du Quebec (CDPQ) and Sprott Resources to fund the restart of the Bloom Lake iron ore mine near Quebec. Sprott is providing an $80 million five-year loan priced at 750bp over the greater of three-month...

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