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Results Chart for Delivery Method and Financing
From Public (Government) Sources to Producers: The public sector partners for the project are the Ministry of Agriculture and Lands and the Ministry of Environment.
Direct Cash Support: In 2001, the Province entered into an agreement with the former mine operators where the operators contributed $30 million toward the remediation of the site in exchange for a guarantee that they would not be held liable for future issues with the site. The Province will use this money to pay the Concessionaire monthly payments after operations commence.
From Private Capital Markets Directly to Producers as Debt: The contractor funded the majority of the project through debt financed through its "parent company".
From Producers as Equity: The contractor also funded a portion of the project through equity.