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December 2011
Canadian-listed potash miner Karnalyte Resources has mandated Bank of Montreal as financial adviser
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Metals developer Wolf Minerals has mandated UniCredit, ING and Caterpillar as arrangers of a £55 million project loan for its Hemerdon tungsten and tin mine
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Societe Generale has signed a dual-tranche, Eu20 million ($26 million) loan with Turkish steelmaker Borusan Mannesmann Boru in support of a new pipe production facility in Gemlik, Turkey.
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Emirates Aluminium (EMAL) is due to receive funding commitments from export credit agencies (ECAs) Euler Hermes, Coface and US Ex-Im in February 2012 for the Eu3.1 billion ($4.5 billion) EMAL2 smelter project.
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United Steel Company (Sulb) - a joint venture between Foulath (51%) and Yamato Kogyo (49%) - is nearing financial close on the $373 million ECA-backed deal for its $1.078 billion steel manufacturing plant project in Bahrain
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G-Resources Group has signed a $100 million 2.5-year revolving credit via mandated lead arrangers BNP Paribas, Hang Seng Bank and SMBC to further support its Martabe gold and silver project in Sumatra.
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Mexican steel firm TENIGAL has raised a $200 million facility to back development of a 400,000 tap hot-dip galvanized and galvannealed steel sheet plant in Mexico
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Afghan Iron and Steel Consortium (Afisco) - a consortium led by Steel Authority of India Ltd (SAIL) - has been awarded development rights to three iron ore reserves at Hajigak in Afghanistan.