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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

Cliffs to walk away from Bloom Lake iron ore

Cliffs Natural Resources said it is looking at exit options for its operations in eastern Canada, after admitting that it would be unable to carry out an expansion of the Bloom Lake iron ore mine

MZI Resources signs financing for Keysbrook

MZI Resources has signed a roughly $110 million project financing for the Keysbrook mineral sands project in Australia

Ma’aden launches rights issue

Saudi Arabian Mining Company (Ma’aden) has today (18 November 2014) begun the subscription period for a SR5.6 billion ($1.5 billion) rights issue

Hummingbird appoints new non-exec chairman

West African-focused gold mining company Hummingbird Resources has appointed Russell King as its new non-executive chairman

Anglo-African Minerals appoints new CFO

West African-focused mining company Anglo-African Minerals (AAM) has appointed Martyn Knight as its new chief financial officer

Paragon Diamonds appoints Lemphane mine adviser

Paragon Diamonds has mandated Northland Capital Partners as an adviser on the financing of its Lemphane kimberlite diamond project in Lesotho, it confirmed today (11 October 2014)

Coal of Africa nears Mooiplaats colliery disposal

Mining company Coal of Africa expects to reach financial close on the disposal of its Mooiplaats Colliery in South Africa by February, it confirmed today (6 November 2014)

Romarco wins debt commitment on Haile gold

Canadian-listed gold mine developer Romarco Minerals has received a commitment letter for a $200 million debt financing for its Haile mine in South Carolina

Aspire awards EPC contract for Mongolian coal railway

Aspire Mining has chosen China Railway 20 Bureau Group (CR20) as EPC contractor for its planned 547km $1.3 billion Erdenet to Ovoot coking coal railway in Mongolia

Torex makes first draw on El Limon-Guajes gold

Torex Gold Resources has made a first draw of $45 million on the $375 million project financing for its El Limon-Guajes gold mine in Guerrero, Mexico

Global Metals signs with EDB on Sagamar expansion

Global Metals has signed an $11 million five-year loan with the Eurasian Development Bank for the expansion of its Sagamar polymetals mining operation in Armenia

Roxgold rounding out on Yaramoko with equity issue

Roxgold has launched a C$30 million ($27 million) equity issue to meet the remaining funding requirement for its Yaramoko gold mine in Burkina Faso

CESC raising equity for power development slate

Indian generation and transmission operator CESC has closed the books on raising $80 million in equity in a qualified institutional placement