Resources Flashcards
Which consortium was the preferred bidder for Esperance Port?
McConnell Dowell, Asciano and Marubeni
Losing bidder was Brookfield Infrastructure and Qube Bulk
What does the Esperance Port Project Involve
Construction of port facilities that would be able to handle 12 million metric tons of iron a year. The sponsor will be responsible for the expansion of the existing Port Plaster construction of a new £750,000 tonnes storage facility.
when was the preferred bidder for Esperance Port announced?
around May 2014.
What type of concession is the Esperance Port?
design build finance operate
what is the keysbrook minimal sense project?
A major leucoxene deposit at Keysbrook, located approximately 70 km from Perth.
What is the Nullagine Gold Project ?
A gold mine in Nullagine in Western Australia sponsored by Millenium. It has $52.8M of Project Debt provided by NAB and BNP?
There was a relaxation of debt repayments in late 2013.
Who sponsored the Nullagine Gold Project in WA? When did the Project reach financial close?
Millenium Minerals. The Project reached financial close in March 2012.
What is the Oyu Tolgoi project?
Worlds larged undeveloped copper-gold project.
Where is the Oyu Tolgoi project located?
Mongolia. about 80 km north of the Mongolian Chinese border
Who owns the Oyu Tolgoi project?
Turquoise Hill (66%) and Erdenes Oyu Tolgoi LLC (34%). Turquoise Hill is a unit of Rio Tinto separately listed on the NYSE. Rio holds just over 50% of the traded stock.
When did Oyu Tolgoi reach financial close? How much debt was raised and who were the lenders?
Feb 2014. Approximately $3Bn of debt was raised by 10 banks: - ANZ BNP Paribas BTMU CBA Credit Agricole ING SMBC Societe Generale Standard Chartered
