Major mine financing deals closed in October 2009

Company

Topics

Regions

Company

Millions

Use of funds

Gammon Gold

$120.6

Exploration at Guadalupe y Calvo Au-Ag project (Mexico) & debt repayment

Great Basin Gold

$110.0

Repay financing for Burnstone Au mine (South Africa)

Colossus Minerals

$71.9

Exploration, including Serra Pelada Au project (Brazil)

Mega Uranium

$50.0

Feasibility study & development of Lake Maitland U mine (Australia)

Etruscan Resources

$48.1

Repurchase call options, repay debt & working capital

Ventana Gold

$40.0

Au exploration (Colombia)

Nevsun Resources

$32.8

Development of Bisha polymetallic project (Ethiopia)

Moly Mines

$31.5

Restructuring

CGA Mining

$25.0

Expansion of Masbate Au mine & mill (Philippines)

Troy Resources

$24.2

Construction of Casposo Au project (Argentina)

Uranerz Energy

$18.0

Development of Nichols Ranch U project (Wyoming)

Minco Silver

$13.9

Development of Fuwan Ag project (China)

 

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