Franco-Nevada, Inmet in $1 bln funding deal for Panama project
Monday, August 20 2012 @ 01:23 PM EDT
Contributed by: Don Winner
Toronto-based Inmet said in July it was in talks to sell a portion of future precious metal production from the mine to help finance its 80 percent share of development costs. Inmet has secured $4.2 billion out of the estimated $6.2 billion capital required for the project.