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Full interview: Galena Mining ramps up surface infrastructure development at Abra Base Metals Project

Galena Mining Ltd (ASX:G1A) managing director Alex Molyneux updates Proactive on increased surface infrastructure development activities at the Abra Base Metals Project in the Gascoyne region of WA.

This forms part of a $15 million development works program. The work is being done prior to finalising key engineering procurement and construction (EPC) and mining services contracts for the construction of plant and development of the underground mine.

The company has also announced that the Bank of America Corporation has become a new substantial holder with a 6.29% holding.

Quick facts: Galena Mining Ltd

Price: 0.36 AUD

Market: ASX
Market Cap: $166.63 m

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Galena Mining looks ahead to further project construction after completing...

Galena Mining Ltd's (ASX:G1A) Alex Molyneux speaks to Proactive's Andrew Scott soon after announcing they've completed the funding package for the Abra Base Metals Project. It follows an agreement with Taurus Mining Finance Fund No2 LP for US$110 million in project financing debt facilities....

on 16/11/20

2 min read