Tungsten Mining expands funding push at Watershed

Tungsten Mining expands funding push at Watershed

Image: Roel/stock.adobe.comTungsten Mining has appointed Jefferies Australia to find strategic investors for its Watershed tungsten project in Far North Queensland, broadening its funding strategy. The investment banking firm will act as a financial adviser to Tungsten Mining, focusing on strategic investment, while Cutfield Freeman & Co will lead the debt financing process as debt advisor. As […] Australian Mining.

Tungsten Mining lines up debt proposals to advance landmark Watershed mine in Queensland

Indicative debt proposals add to funding options for a major Queensland tungsten project. ...

Watershed funding strategy advances - Industry Queensland

Tungsten Mining has provided an update on funding progress for its Watershed tungsten project in Far North Queensland, expected to cost about $274 million to bring online. The company said non-binding indicative debt terms had been received from a number of financiers, with the majority of proposals supporting up to 70 per cent project gearing for Watershed, equivalent to about $200 million. Offtake discussions are progressing in parallel with d…

Tungsten Mining advances Watershed project funding strategy with indicative debt terms

Tungsten Mining has achieved an initial milestone in its funding strategy for the Watershed tungsten project in Queensland.