English +44(0) 207 349 5250 Home About Transactions People Contact Transactions Transactions Project Finance Joint Ventures Corporate Finance Aquisitions & Disposals Debt Restructuring China Business Since 2000, CF&Co has advised on over 150 mandated transactions in more than 50 countries. Advice may cover only one aspect of mining finance, such as securing project debt, or the development and implementation of the entire financing plan for a new project. The client could be a single asset junior miner developing its first project, or a much larger company with a portfolio of assets in different stages of development. Following, is a sample of transactions that show the breadth of CF&Co advice across the various facets of mining finance. It covers a period of huge transition – including dramatic changes to funding sources, especially since 2008, and the rise of Chinese companies as major players in the industry. Project Finance Alacer Gold Corporation Advice on debt for the original $150m development debt for the Copler gold project in Turkey and subsequent $250m of senior debt, increased to $350m, to fund a major expansion. The key issue was the constrained international debt market for Turkish ventures. Alufer Mining Ltd Cupric Canyon Capital Romarco Minerals Inc Dynatec Corporation Advice on developing and implementing a financing plan which enabled Dynatec to fully finance the $2.2bn (original capex) Ambatovy Nickel Project in Madagascar, remaining the largest (40%) shareholder and operator. The solution was a joint venture with Sumitomo Corps, Kores and SNC Lavelin, which provided financial support to Dynatec by way of counter completion guarantees and subordinated debt and procured import agency finance from JBIC and Korea EXIM. Highlands Pacific Ltd International Finance Corporation Turquoise Hill Resources Ltd Joint Ventures Corporate Finance Champion Iron Ltd Advice on developing and implementing the corporate debt financing strategy to transition the company from initial project, (development Bloom Lake iron ore project in Quebec), to $200m corporate funding consistent with preparing to expand production. Eldorado Gold Corporation OK Tedi Mining Ltd Exxon Mobil Advice on the $1.3bn sale of Exxon Mobil’s Disputada copper assets in Chile on a substantially ‘as-is, where is’ basis to Anglo American. Molycorp Inc Norsemont Mining Inc Ontario Teachers’ Pension Plan Teranga Gold Corporation Aquisitions & Disposals Debt Restructuring Ambatovy Joint Venture Advice to all the joint venture partners at Ambatovy on restructuring the joint venture arrangements and shareholder loans or capital costs increased. The revised arrangements allowed development to proceed. Mercator Minerals Ltd Palabora Mining Company Ltd Selwyn Resources Ltd Advice on financing options on its 50% owned Selwyn lead-zinc project in Canada to project partner Chihong Zinc and Germanium Co. Eldorado Gold Corporation China Precious Metal Resources Holdings Ltd Zijin Mining Group Company Ltd China Business Home About Transactions People Contact Privacy Policy Cookie Policy Corporate Responsibility Regulation Cutfield Freeman and Co. Ltd © 2001 - 2021. All rights reserved. Cutfield Freeman & Co. Ltd is authorised and regulated by Financial Conduct Authority. Cutfield Freeman & Co (Asia) Ltd is licensed by the Securities and Futures Commission. website by Impact Media®