Skeena Resources (“SKE”) has announced a US$750m funding package with Orion Resource Partners (“Orion”) that should be sufficient to fund the company’s Eskay Creek project in British Columbia to production. Initial drawdown can commence now with further funding linked to achieving permitting milestones. The funding includes debt, equity, and a stream in line with our previous expectations and targets first production in H1 2027, later than our previous expectation of Q4 2026. We view this as a m ....

26 Jun 2024
Skeena Resources: Comprehensive US$750m funding package agreed with Orion

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Skeena Resources: Comprehensive US$750m funding package agreed with Orion
Skeena Resources (“SKE”) has announced a US$750m funding package with Orion Resource Partners (“Orion”) that should be sufficient to fund the company’s Eskay Creek project in British Columbia to production. Initial drawdown can commence now with further funding linked to achieving permitting milestones. The funding includes debt, equity, and a stream in line with our previous expectations and targets first production in H1 2027, later than our previous expectation of Q4 2026. We view this as a m ....