FinancingThe company has secured a project financing package including a US$350M revolver with a US$150M accordion and separate equipment financing for up to US$37.5M for the Oko West Gold project.
Operational PerformanceThe Tocantinzinho mine achieved nameplate capacity by operating at 96% of design throughput, indicating strong operational performance.
Tax IncentivesThe SUDAM regional development tax incentive program for TZ mine has been formally approved, reducing the nominal corporate tax rate to 15.25% for a 10-year period.