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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

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

IFC to fund feasibility studies for Ngualla minerals

Peak Resources Limited is to proceed with a bankable feasibility study (BFS) for its long delayed Ngualla Rare Earth project in Tanzania after receiving a funding commitment from the International Finance Corporation

Norilsk to offload two African nickel mining assets

Russian-based mining company Norilsk has agreed the sale of its interests in two nickel mines in South Africa to BCL of Botswana for $337 million

Euromax lines up stream for Ilovitza copper-gold

Euromax Resources has signed a $175 million streaming agreement with Royal Gold for its Ilovitza copper-gold project in the Republic of Macedonia

Liquidation looms for London Mining

Stricken iron ore miner London Mining has said that it will not remain in business following any restructuring of its operations

Rio Tinto closes on Mozambique coal asset disposal

Global mining company Rio Tinto has completed the sale of several Mozambique assets to International Coal Ventures Limited (ICVL) – a consortium of major Indian investors

Kefi assembles financing for Tulu Kapi gold mine

London-listed Kefi Minerals has outlined its development and financing plan for the Tulu Kapi gold mine project in Ethiopia, a month after taking full control of the asset

Oyu Tolgoi debt commitments lapse

Debt commitments on the Oyu Tolgoi mine in Mongolia have lapsed after sponsor Rio Tinto and the Mongolian government failed to resolve outstanding issues over the project’s development by 30 September 2014

True Gold draws on stream for Karma mine

True Gold has made a first $37 million draw on a $100 million streaming financing for its Karma gold mine in Burkina Faso

Armadale completes acquisition of Mpokoto Gold

Armadale Capital has completed the acquisition of Kisenge Limited, which owns a majority stake in the Mpokoto gold project and the rights to a large number of mining licences in the Democratic Republic of Congo

Kazakhmys picks contractor for Aktogay copper

UK-listed mining and power group Kazakhmys has awarded the contract for the installation of a sulphide concentrator at its Aktogay copper project in Kazakhstan

Oyu Tolgoi feasibility study completed

Sponsor Rio Tinto has completed a feasibility study into the delayed second stage of the Oyu Tolgoi mine in Mongolia

Aspire completes capital raise for Mongolian exploration

Australian listed Aspire Mining has completed a capital raising of approximately $2.2 million to aid a study into reserves at the proposed Nuurstei Coal project in Mongolia