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BNDES to Fund Mining Project

May 18, 2012

BNDES has approved a BRL333m ($169m) 8-year loan facility to Canadian mineral resource exploration and development company Largo Resources, Largo says. The real-denominated facility supporting development of...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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