Atico secures $10m loan and proposal for further financing from Trafigura

Copper and gold project developer Atico Mining has entered a 30-month $10 million secured definitive credit agreement with Trafigura. The principal will bear interest at a rate of Libor plus 5% for the first 24 months and then at a rate of Libor plus 7.5% thereafter.Alongside this, Atico has agreed...