Pierfront commits $25 million to Indonesia mine operator
Singapore-based alternative credit investor Pierfront Capital has committed $25 million to Merdeka Copper Gold, an Indonesia-based operator of copper and gold mines backed by Saratoga Capital and Provident Capital.
The capital will be invested in the form of a term loan facility and will primarily be used to support the Tujuh Bukit project, a gold and copper mining project estimated to contain 19 billion pounds of...
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