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April 10, 2003 - Thursday |
Sweden will give loans to Bor Mines
Swedish company Atlas Copco shall pay $600,000 to Bor Mines for mine equipment. The interest rate is 1.8% monthly and return term is 6 months. The repayment of the loan begins June 1st at a rate of 60 tons of cathode copper per month.
After very low production in January and February, Bor Mines have obtained 1,350 tons of concentrate copper. New equipment will significantly increase production proficiency levels.
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