Copper miner Cupric Canyon Capital’s wholly owned subsidiary, Khoemacau Copper Mining (KCM), has entered into a $50-million, term loan facility agreement with Red Kite Mine Finance to provide funding for KCM’s Khoemacau copper-silver project, in Botswana. Proceeds from the loan will be used to fund project development costs and front-end engineering and design in advance of commencing full-scale construction in the second half of the year.
