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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 Tinto reviews Bougainville Copper mine stake

New mining laws in Papua New Guinea (PNG) have led Rio Tinto to review its ownership in the long dormant Bougainville Copper mine at Panguna, Bougainville

Proposed Philippine mining law causes sponsor concern

Copper and gold exploration company Bezant has said that a proposed change to the mining tax laws in the Philippines is affecting the sale of its Mankayan Project, copper and gold mine in Mankayan district, Philippines

EBRD signs Moncement cement loan

The European Bank for Reconstruction and Development (EBRD) has signed a $65 million loan for the greenfield Moncement cement plant in Mongolia

Hummingbird signs on Yanfolila gold debt

Hummingbird Resources has signed on a $10million bridge facility and a $75 million five-year loan to fund construction at the Yanfolila gold mine in Mali with independent global fund manager Taurus Mining Finance Fund

ArcelorMittal buys into Mount Nimba iron ore

ArcelorMittal has signed two acquisition deals to take a 56.5% stake in the majority shareholder of the Mount Nimba iron ore project in Guinea

Kenmare amends financing repayment for Moma mine

Kenmare Resources has renegotiated the repayment schedule for the project finance loan funding its Moma titanium mine in Mozambique, and extended the maturity on a $20 million corporate facility

Glencore completes sale of Las Bambas copper mine

Glencore has completed the $7 billion sale of its Las Bambas copper mine in Peru to a consortium led by the offshore arm of Chinese state-owned firm of China Minmetals Corp

Rio Tinto sells Mozambique coal assets

Global mining company Rio Tinto has agreed to sell its coal assets in Mozambique, just three years after assuming them as part of the Riversdale Mining acquisition

Qatar Mining wins four Mali concessions

The Malian government has awarded four gold mining permits to Qatari state-owned developer Qatar Mining

Romarco mandates on Haile gold

Romarco Minerals has mandated three lenders to arrange a $200 million debt financing for its Haile gold mine in South Carolina

Ma’aden buys into Barrick’s Saudi copper mine

Saudi Arabian Mining Company (Ma’aden) has acquired a 50% stake in Barrick Gold’s Jabal Sayid copper mine asset located in Saudi Arabia

Stornoway Diamond closes on Renard mine

Stornoway Diamond has closed on the C$946 million ($888 million) financing package for its Renard diamond mine in Quebec