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Metals Exploration Secures $27M to Drive La India First Gold

Metals Exploration logoMetals Exploration
Sig2.43Sen+3.43Env-1.05Soc-0.30Gov+0.30

Metals Exploration has secured $27 million in equipment financing for its La India gold project in Nicaragua, drawing $20.2 million already from a five-year Banco de America Central facility. The company plans to use the remaining $6.8 million to fund incoming equipment as commissioning is targeted for December 2026, with construction about half complete. Some imported supplies were delayed by shipping disruption linked to Iran-related conflict.

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