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First Quantum reaches financial close

28 November 2006

Mandated lead arrangers, Standard Bank, Standard Chartered Bank, BNP Paribas, Fortis Bank and Bayerische Hypo- und Vereinsbank (HVB) have closed the five-year $400 million facility for First Quantum Minerals.

Proceeds of the loan will be used to refinance and develop copper and gold deposits in the Democratic Republic of the Congo (DRC), Zambia and Mauritania. The loan comprises of three...


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