Cordiant, EIB to invest $30 mln in Hudson Resources mining project
Vancouver mining company Hudson Resources Inc has entered into agreements to receive about $30 million in debt financing from the European Investment Bank and Cordiant Capital, a Canadian emerging markets investor. The proceeds of the deal will be used for development of the company's White Mountain anorthosite project in Greenland. Hudson Resources owns 100 percent of the project, which aims to establish a mine to supply feed materials to the fiberglass industry.
7 February 2017•2 mins read
