Transactions

Since 2000, CF&Co has advised over 120 mandated transactions in 50 countries, covering all facets of mining finance. A few examples are:

Anatolia Mineral Development Ltd. / Alacer Gold Corporation

  • Advice on funding the $150m development of the Copler Gold project in Turkey.
  • Subsequent advice on $600m expansion financing.

Dynatec Corporation

  • Initially, advice on the introduction of Sumitomo Corporation, Korea Resources Corporation and SNC Lavalin as partners in the multibillion dollar Ambatovy nickel project in Madagascar.
  • Consideration for JV interests included financial support for Dynatec's debt and equity obligations and facilitating procurement of agency debt tied to nickel offtake arrangements.
  • More recently, as capital costs rose, advice to the joint venture partners on restructuring of the Joint Venture agreement.

General Moly Inc.

  • Advice in relation to financing of the $1bn Mt Hope molybdenum project, USA.
  • Process resulted in strategic investment by Amer International and an obligation from Amer to procure debt financing from China.

Molycorp Inc.

  • Advice on acquisition of AS Silmet, rare earth metal producer in Estonia, and acquisition of Neo Material Technologies Inc, rare earths processor in China, Europe and North America.

Ontario Teachers' Pension Plan

  • Advice on sale of 50% interest in Coal Valley Partnership to Sherritt International.

Romarco Minerals Inc.

  • Advice on the funding the $400m Haile Gold project, USA.

BHP Billiton Ltd.

  • Advice on the sale of Mayaniquel SA, BHP's significant Guatemalan lateritic nickel resource.

Eldorado Gold Corporation

  • Advice on $975m debt financing, comprising $600m of senior notes and a $375m revolving credit facility.
  • Advice on sale of 20% of Eastern Dragon project in China to CDH Investments, a major Chinese private equity fund.

Highlands Pacific

  • Advice in relation to the amendment of the Ramu Nickel Joint Venture agreement between Highlands Pacific and MCC Ramu Nico (owned by major Chinese inventors).

Norsemont Mining Inc.

  • Advice on takeover by Hudbay Minerals Inc.

Polyment Mining Corp.

  • Advice on strategic funding options for $600m copper-nickel NorthMet project, USA.

Teranga Gold Corporation

  • Advice on $135m gold stream and refinancing of corporate debt to fund OJVG acquisition.

Zijin Mining Group Co.

  • Advice on acquisition of strategic equity interest in AIM listed Ridge Mining Plc., and negotiation of associated Relationship Agreement.
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