(MENAFN) UAE's Mubadala Investment Company was announced to be investing USD130 million in Canadian mining firm Equinox Gold.
Through the investment, the company will be able to refinance some current corporate along with project debt.
Mubadala's Metals and Mining director Mohamed Al Suwaidi stated "Equinox Gold combines experienced leadership with a strong suite of assets and a clear value creation strategy."
Al Suwaidi added "we see a great opportunity to develop our partnership with the business over the years ahead."
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