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IDC to lend to Bisha despite UN sanctions

29 January 2010

South African state-owned Industrial Development Corporation (IDC) has restated its commitment to provide $89 million of project debt for Nevsun Resources' $335 million Bisha gold, silver, copper and zinc project in Eritrea, despite a number of sanctions imposed on the Eritrean government by the UN.

The IDC does...

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