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Northland closes fleet lease for Kaunisvaara
09 July 2012
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[northland]
[caterpillar]
Northland Resources has closed a $65 million lease financing with Caterpillar Financial for the acquisition of a mining fleet at its Kaunisvaara iron ore project. The financing complements an $8 million lease financing for five drill rigs, and the proceeds of a $350 million equivalent...
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