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First Quantum completes enlarged refinancing

First Quantum Minerals has closed the $3.85 billion bond and bank refinancing of its corporate debt, as it nears the start of construction on the Cobre Panama copper project

Rio gives go ahead to Queensland mine

Rio Tinto has given approval for the development of its $1.9 billion Amrun mining project in Queensland, Australia

Emirates Global Aluminium to refinance project debt

State-owned Emirates Global Aluminium (EGA) is inviting banks to take part in refinancing $4.9 billion of its existing project finance debt, according to a statement released today (23 November 2015)

IUK and Major Projects Authority merge

The UK government has today (11 November 2015) announced that Infrastructure UK (IUK) and the Major Projects Authority (MPA) will merge to create the Infrastructure and Projects Authority

K&L Gates hires energy & infra partner

Jeff M. Cohen has joined K&L Gates in Washington, DC as a partner in the law firm’s energy and infrastructure projects and transactions practice, the firm announced on 3 November

Tiger Resources agrees terms on Kipoi expansion

Australian-listed Tiger Resources has agreed a term sheet for a $162.5 million refinancing and expansion financing for its Kipoi copper project in the Democratic Republic of Congo

Glencore proposes sale of copper mines

Glencore has commenced the process to sell its wholly-owned Cobar copper mine in Australia and Lomas Bayas copper mine in Chile, it said yesterday

Tri-Star closes on Oman Antimony Roaster

Tri-Star Resources’ joint venture Strategic and Precious Metals Processing (SPMP) has reached financial close with Bank Nizwa on the Oman Antimony Roaster Project (OAR), it said in a statement today (23 September 2015)

Oyu Tolgoi feasibility study approved

The government of Mongolia has approved Rio Tinto’s feasibility study for the roughly $6 billion underground expansion of the Oyu Tolgoi mine

EXCLUSIVE FA appointed for Indonesia’s Well Harvest Ketapang

China Hongqiao has appointed DBS as financial adviser for the expansion of its Well Harvest Ketapang alumina refinery in West Kalimantan, Indonesia

Tri-Star and OIF sign on Oman Antimony Roaster debt

Tri-Star Resources’ joint venture Strategic and Precious Metals Processing (SPMP) has signed on $40 million in debt financing with Bank Nizwa for the Oman Antimony Roaster Project (OAR)

Sirius signs offtake with Glencore for Nova mine

Sirius Resources has signed an agreement with Glencore to sell half its nickel output for the first three years of production from the Nova mine in Western Australia

SouthGobi Resources’ CFO leaves

Bertrand Troiano has left his position as chief financial officer at SouthGobi Resources following the end of a two-year secondment from Rio Tinto

McCoole to leave Standard Chartered

Project finance veteran Conor McCoole is due to leave his role as co-head of project & export finance at Standard Chartered in Singapore, IJGlobal understands

CBA no longer adviser on Adani’s Carmichael mine

Commonwealth Bank of Australia’s financial advisery mandate with Adani for the Carmichael coal mine project has been allowed to lapse, the bank said in a statement released yesterday

Debt details emerge on Zambia’s Maamba coal-fired

A consortium led by Indian developer Nava Bharat Group recently signed on a $515 million debt financing for the Maamba Collieries mine refurbishment and associated 300MW coal-fired power project in Zambia