Bunker Hill Mining (TSE:BNKR) has released an update.
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Bunker Hill Mining has revised its forecast for the restart of its mine, increasing the total expenditure to $103 million and delaying the project by up to four months. The company plans to use a $21 million standby facility from Sprott Private Resource Streaming and Royalty Corp. and is negotiating additional financing to ensure operations commence by Q2 2025. The update comes as Bunker Hill navigates challenges like inflation, changes in project scope, and contractor issues.
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