Epiroc provides equipment financing to Trigon for Kombat mine restart
Canadian miner Trigon Metals has secured $8.9m in Financing from Epiroc South Africa to buy underground mining equipment to help relaunch operations at its Kombat copper mine in Namibia. The equipment will mainly include an underground mining fleet at the Kombat mine, where production is scheduled to ramp up from next April. Trigon bought the machinery through its Namibian unit, Trigon Namibia. Epiroc Financial Solutions has agreed to provide 85% of the purchase price worth $7.59m, with 15% of the down payment amounting to $1.33m to be paid upfront. The loan facility has a…
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