May 15, 2019 |
Canada's Teck Resources is closing in on a 12-year, $2.5bn loan for the Quebrada Blanca copper mine expansion project in Chile, LatinFinance has heard.
A group of commercial lenders and export credit agencies have signed the loan documents but one of the project sponsors still has to sign off on the deal, said a source involved in the negotiations. The deal is expected to close before the end of the week, the source added.Bank of Montreal, BNP Paribas, the Japan Bank for International Cooperati
Canadian mining company and its partners Sumitomo and Enami expect to sign a $2.5bn loan this week for the mine expansion project in Chile