Frontier Mining advances on multiple loan extensions

Frontier Mining, a copper producer operating in Kazakhstan, has secured extensions on financing facilities from several loan note holders, a financing update has shown.

Frontier Mining, a copper producer operating in Kazakhstan, has secured extensions on financing facilities from several loan note holders, a financing update has shown.

The group reported that Sberbank Kazakhstan had agreed to extend both the term of current facilities ($35m) by 34 months to October 2018 and the grace period for principal repayments until April 2014.

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