Mayfair Gold Corp. announced a C$310 million financing package with Macquarie Bank, including a C$10 million equity investment and a proposed C$300 million project finance facility to develop its Fenn-Gib Gold Project in Northern Ontario. The financing supports the estimated C$450 million initial development capital, with flexible early draw options and repayment terms aligned with production. Macquarie will also have gold offtake rights for up to 300,000 ounces. This deal marks a key milestone for Mayfair as it advances toward construction starting in 2028 and initial production by 2030.
Mayfair Gold's financing deal with Macquarie is notable. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 01, 2026 17:01 WIB: Out of 38 priced US stocks, 18 rose and 19 fell. LAC was at USD 2.66 with a 1-day change of +1.14%, VALE at USD 13.27 down 1.04%, and FCX at USD 69.38 down 0.87%.
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