Malaga secures loan, repairs transmission line

Dec 28, 2012 | 02:17 PM | Samuel Frizell

Tags  Malaga, Pasto Bueno, Pierre Monet, tungsten

NEW YORK — Malaga Inc. has secured a $2-million loan from a Peruvian bank, as well as repaired a severed hydroelectric transmission line at its Pasto Bueno tungsten project, the company said.

The company suspended fourth-quarter operations at its Pasto Bueno Mine after a severed hydroelectric transmission line cut off power to the plant (, Nov. 9) but has since repaired the damaged infrastructure, it....

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