December 2009

Mining & Metals 15 December 2009

Norilsk looking to defer pre-export loan

Norilsk looking to defer pre-export loan 09 December 2009

Norilsk Nickel is trying to extend the maturity on a $1.5 billion pre-export loan from June 2011 until June 2012

Integra raises Randalls gold debt 04 December 2009

Integra Mining, advised by PCF Capital, has raised a A$55 ($50.6 million) million project finance facility from BNP Paribas and Westpac for its Randalls gold project at Kalgoorlie, Western Australia

Rusal signs restructuring 03 December 2009

Russian aluminium producer Rusal has signed a debt restructuring

Galaxy transfers Mt Cattlin debt agreement 01 December 2009

Galaxy Resources has agreed with its major shareholder Creat Group to the transfer of an A$130 million ($120 million) debt facility agreement from Creat

November 2009

Dragon Steel to sign NT$20bn loan 27 November 2009

Dragon Steel has closed syndication of a seven year NT$20 billion ($620 million) term loan and is expected to sign the deal in mid-December

Avanti mandates on Kissault 27 November 2009

Avanti Mining has mandated WestLB as financial adviser for the development of its Kitault molybdenum mine in British Columbia

Detour Gold mandates Barclays 20 November 2009

Detour Gold has mandated Barclays Capital as lead arranger

Financial close for MMK/Atakas steel 19 November 2009

MMK and Atakas have closed the financing for the construction of an integrated flat steel-making complex in Turkey.

Mining & Metals 19 November 2009

Mwana Africa secures Freda Rebecca expansion debt

Wetar copper expansion studies in 13 November 2009

Finders Resources has released the results of the definitive feasibility study of its Wetar copper mine on Maluku, north of East Timor, Indonesia.

Tiger finalises Kipoi debt and equity package 12 November 2009

Tiger Resources has signed an agreement with Trafigura for a $33.9 million combined debt and equity package

Nullagine JV secures offtake agreement 11 November 2009

BC Iron and Fortescue Metals Group have secured $50 million in an offtake agreement for their Nullagine joint venture.

Sundance raises initial Mbalam funds 11 November 2009

Sundance Resources has raised A$85 million ($79 million) from institutional investors for its $3.3 billion Mbalam iron ore project in Cameroon.

Mwana Africa secures Freda Rebecca expansion debt 09 November 2009

Mwana Africa has raised a $10 million five-year project financing for the expansion of its Freda Rebecca gold mine in Zimbabwe

Felix raises Moolarben debt 06 November 2009

Felix Resources has raised a A$383 million ($351 million) debt package from Commonwealth Bank of Australia, SMBC, BNP Paribas, WestLB and Westpac

Barrick nears market on Pueblo Viejo 06 November 2009

Barrick Gold and Goldcorp are in the process of assembling a $1 billion project financing for their Pueblo Viejo gold mine refurbishment in the Dominican Republic

Deutsche wins Mbalam advisory 05 November 2009

Sundance Resources has appointed Deutsche Bank as its financial advisor on the $3.3 billion Mbalam iron ore project in Cameroon

Unity Power secures loan for UK coal mine 04 November 2009

Unity Power plc, a private UK company with anthracite coal mining operations in South Wales, has secured a £20 million loan facility to develop coal production from the Unity mine located in the Vale of Neath, South Wales.

Government approves Toka Tindung expansion 02 November 2009

Archipelago Resources has received a letter of support from the Provincial Government of North Sulawesi for the development of its operational Toka Tindung gold mine.