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Dacian Gold ties up $150m for WA project

AAP logoAAP 20/12/2016 Prashant Mehra

Dacian Gold has tied up $150 million in debt funding for its Mount Morgans gold project in Western Australia.

The miner says the loan will be used to develop the mine, near Laverton about 700km northwest of Perth, with construction to start in early 2017.

Westpac, ANZ and France's BNP Paribas are part of the banking consortium that will jointly provide the loan.

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