The mining newspaper for Alaska and Canada's North

Pretium secures cash to develop Brucejack

Pretium Resources Inc. Sept. 16 said it has secured a US$540 million construction financing package with the Orion Mine Finance Group and Blackstone Tactical Opportunities.

The financing, which provides for immediate access to US$340 million at closing, will fund a substantial portion of the costs to develop an underground mine at Pretium's Brucejack gold project in Northwest British Columbia.

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