Project Finance Facility
MINING FINANCE
APLNG secures $8.5bn in finance
ASX-listed Origin Energy and its joint venture (JV) partners ConocoPhillips and Sinopec have secured an $8.5-billion project financing facility for the Australia Pacific liquefied natural gas (APLNG) project. The project finance facility was...24th May 2012
Blackthorn Resources Limited
Company Announcement: Blackthorn Resources’ Board Gives Conditional Approval To Proceed With Silver And Lead Expansion
Blackthorn Resources’ Board has given conditional approval to
participate in the expansion of the Perkoa Project, with funding for its pro-rata share of the incremental investment available via project finance from Glencore
30th November 2011
MINING FINANCE
Mutiny secures project finance for Deflector
ASX-listed Mutiny Gold has executed a A$11-million project loan facility and gold hedging with investment bank Credit Suisse. The agreement would see Credit Suisse exclusively act as the arranger in respect of the project loan facility and the...10th November 2011
MINING FINANCE
Cobar secures A$22m for silver project
Silver developer Cobar Consolidated Resources (CCR) has secured a A$22-million project finance facility with the Commonwealth Bank of Australia to complete the construction of its Wonawinta project, in New South Wales. The project financing...31st October 2011
MINING FINANCE
Beadell secures financing for Tucano start
ASX-listed Beadell Resources has locked in $90-million in a project finance facility to complete the construction and start operations at its Tucano gold project, in Brazil. Beadell said on Wednesday that credit approval has now been received...19th October 2011
MINING FINANCE
Paladin draws down financing for Langer Heinrich expansion
The directors of ASX- and TSX-listed Paladin Energy on Monday reported the financial close of its Langer Heinrich project finance facility, with the company drawing down $127.2-million in financing. MD and CEO John Borshoff said in a statement...12th September 2011
Afri, Eur, Aus: Newsletter briefs
Conquest secures A$100m financing for Mount Carlton
ASX-listed Conquest Mining has secured a A$100-million financing offer from Macquarie Bank to fund the construction of its Mount Carlton gold-silver-copper project, in Queensland. The financing package consists of a A$50-million project finance...25th August 2011
PLATINUM
Wesizwe appoints new FD
Platinum exploration and development company Wesizwe reported on Monday that Wenilang Ma, from the Chinese group Jinchuan, would take over from Jacques de Wet as the company’s financial director. De Wet would remain with the company in an...By: Loni Prinsloo
22nd August 2011
PLATINUM
Wesizwe fully funded to develop Frischgewaagd-Ledig mine
JSE-listed Wesizwe Platinum, through the backing of its Chinese shareholder, was now fully funded to start and complete the development of its flagship Frischewaagd-Ledig mine, joint acting CEO Arthur Mashiatshidi said on Thursday.
Speaking at a...
By: Loni Prinsloo
14th July 2011
FINANCING
Moly Mines secures $494m in debt finance for moly/copper project
ASX- and TSX-listed Moly Mines has signed various project debt agreements with China Development Bank Corporation (CDB) for a total of $494-million to fund the construction of the company's Spinifex Ridge molybdenum/copper mine, in Western...28th June 2011
MINING FINANCE
Chinese bank approves $500m loan for Spinifex Ridge
ASX- and TSX-listed molybdenum producer Moly Mines said on Monday its largest shareholder, Hanlong Mining Investment, had secured a $500-million project finance facility from the China Development Bank to develop the Spinifex Ridge project, in...11th April 2011
BASE METALS
Hunter Dickinson to invest $60m in European Nickel
ASX- and Aim-listed European Nickel would seek to raise $60-million through a strategic partnership with Constantia Resources, an affiliate of Canada’s Hunter Dickinson group. European Nickel, which is developing the Çaldağ nickel project in...13th July 2010
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Topic Multimedia
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