Coris Bank International maintains support for Orezone with covenant lite loan

Coris Bank International maintains support for Orezone with covenant lite loan

The banking brand created and managed by Idrissa Nassa continues to support the Canadian company, which recently commissioned its first gold mine in Burkina Faso. 

Someone shares this article with you
            ▪ Coris Bank International maintains support for Orezone with covenant lite loan

▪ The banking brand created and managed by Idrissa Nassa continues to support the Canadian company, which recently commissioned its first gold mine in Burkina Faso. 

https://www.africabusinessplus.com/en/814377/coris-bank-international-maintains-support-for-orezone-with-new-loan-and-reduced-clauses/

Orezone Resources began commercial production at Bomboré, the country’s sixteenth yellow metal mine, located in the centre, 90 minutes’ drive from Ouagadougou, on 1 December. But already, the management, led by CEO Patrick Downey, a former Anglo American South Africa executive, is working on a project to expand the site. And on new financing.

This article is for subscribers only. To read more, subscribe with a special offer.

You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Commercial banking

29/11/2022 at 17h27, by Africa Business+, updated 30/11/2022

Mines

31/03/2022 at 16h24, by Africa Business+

Orezone awaits LNG import permit from Burkina Faso government

The Canadian junior plans to bring the Bomboré gold site in central Burkina Faso into production in the...

Mines

11/03/2022 at 15h22, by Africa Business+

Elie Ouédraogo’s Néré Mining, backed by Idrissa Nassa’s Coris Bank, acquires Karma

As predicted by Africa Business+ at the end of January, Endeavour Mining has sold its Karma gold mine...

Mines

28/01/2022 at 13h56, by Africa Business+, updated 30/01/2022

Mines

05/01/2021 at 19h13, by Africa Business+

Coris Bank to finance the development of the Orezone gold mine

Inside information from Jeune Afrique Business+.

Mines

26/02/2020 at 22h42, by Gaëlle Arenson

Thirteenth gold mine in Burkina Faso: Orezone Resources reaches out to Coris Bank finance its debt

More than $150 million are needed to develop phase 1 of the project located in the region of Ouagadougou....

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : [email protected]

Add AB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add AB+ on the home screen.

3. Enter the name of the shortcut and confirm.