Back to News mineconnect  

Jun 11, 2021

   

Industry News

Harte Gold brings banker on board for strategic review of White River mine

< 1  MIN READ

Harte Gold

Gold producer sets the bar high in seeking financing to expand mine, boost production, build more ounces

Scotiabank is assisting Harte Gold in a strategic review of its Sugar Zone Mine near White River.

The banker is working with the Toronto gold miner, which needs a cash injection to further develop the three-year-old mine, boost production, and meet its debt obligations to its lenders.

A month ago, the company launched the review after falling short in some key performance areas and failing to reach some ambitious targets at the underground mine over the last year.

Read the full article from Northern Ontario Business HERE.