Metals Exploration Lands $27 Million Equipment Loan for La India Gold Project in Nicaragua

03:11 AM EDT, 08/21/2026 (MT Newswires) -- Metals Exploration plc (MTL.L) said Friday it secured a $27 million equipment loan for its La India gold project in Nicaragua from a local bank. The gold producer made an initial drawdown of $20.2 million from the five-year facility, with the remaining to be drawn once additional equipment arrives. The company maintained its target of first gold production at the project in December.