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Our Transactions

Banking and Finance

Recent financing transactions completed by the firm include:

  • Dacian Gold Limited - A$150 million syndicated project facility and cost overrun facility with ANZ, Westpac Banking Corporation and BNP Paribas for the development of the Mt Morgans gold project, together with hedging arrangements (current)
  • Heron Resources Limited - advising on debt project financing and offtake for the Woodlawn zinc, lead and copper project in NSW (current)
  • Resolute Mining Limited - A$20 million bonding facility with Citibank, US$7 million bonding facility with Societe Generale Ghana and hedging facilities with Citibank, Investec, Macquarie and Societe Generale
  • Resource Capital Funds - additional US$30m secured convertible debt provided to an unlisted Australian public company and its Canadian subsidiary, to fund further development of coal assets in Alberta, Canada as additional funding to the existing syndicated facility provided by RCF and Macquarie Bank Limited
  • Saracen Mineral Holdings Limited - $45 million (with ability to request an increase to $150,000,000) syndicated revolving credit and performance bond facilities with BNP Paribas, Citibank N.A and Westpac Banking Corporation, together with hedging arrangements
  • Alkane Resources Limited - Tomingley Gold Project - $14 million loan and performance bond facilities with Macquarie Bank, together with secured hedging arrangements
  • Northern Star Resources Limited  - $105 million syndicated revolving credit and performance bond facilities with ANZ, CBA, HSBC and RBC, together with hedging arrangements
  • Cedar Woods  - $30 million development and investment facilities relating to the Williams Landing Shopping Centre in Victoria
  • Warrington Property in partnership with a Global Investment Bank  - real estate acquisition facility provided by an Australian bank to fund the purchase of the Australian Taxation Office building in Northbridge, Perth
  • Doray Minerals Limited  - A$90 million facilities with Westpac for the development of the Deflector gold project and refinancing existing project debt for the Andy Well gold project together with copper offtake arrangements
  • Private financier  - real estate acquisition and development financing for the "Lumiere" multi-storey apartments on the South Perth peninsula
  • Sirius Resources NL  - A$440 million project finance and offtake arrangements for the Nova-Bollinger project
  • Doray Minerals Limited - A$25 million refinancing and restructuring of the Andy Well gold project finance facility with Westpac  
  • Warrington Property - real estate acquisition facility with an Australian bank to fund the purchase of a 27,700 sqm Industrial Estate in South East Melbourne 
  • Resource Capital Funds - A$58 million mezzanine funding package to MZI Resources Limited for the development of the Keysbrook mineral sands project in WA, comprising secured convertible loan facilities and purchase of a royalty (funding package to supplement senior project financing) 
  • Karoon Gas Australia Ltd - US$100 million corporate bridge loan with NAB and general PPSA advice relating to joint venture arrangements  
  • Troy Resources - A$100 million facility to progress the development of the Karouni project (formerly known as West Omai) in Guyana, refinance existing facilities and provide working capital
  • Mawson West - A$50 million project financing in the Democratic Republic of Congo together with international off-take agreement
  • Northern Star Resources Limited - A$50 million acquisition and general corporate purposes facility together with secured gold and foreign exchange hedging arrangements
  • Resource Capital Funds - A$3.5 million short term secured loan facility to MZI Resources Limited to fund the Keysbrook mineral sands project whilst MZI continues to progress senior project finance 
  • Southern Cross Goldfields Limited - A$7 million facility for the acquisition of the Sandstone Gold Project
  • Resource Capital Funds and Macquarie Bank Limited (as lenders) - A$56 million syndicated secured convertible loan facilities to an unlisted Australian public company and its Canadian subsidiary, relating to the acquisition and funding towards develolpment of coal assets in Alberta, Canada
  • Troy Resources - A$20 million corporate facility and A$20 million acquisition facility relating to the acquisition of Azimuth Resources Limited
  • Highland Park S.A. (as lender) - Restructure of the existing facility to Coalspur Mines Limited and intercreditor arrangements with the senior project finance lender (EIG Global Energy Partners) in relation to the Vista coal project in Alberta, Canada
  • Perth Radiological Clinic - Corporate debt facilities
  • Resource Capital Funds - Convertible note facility to Ascot Resources Limited
  • Public unlisted company - $4m secured convertible loans
  • Tesla Holdings - A$33 million construction and asset financing facilities for the development of Tesla's power generation plants in Western Australia
  • Lanco Group and Griffin Coal - Acting as specialist banking and finance advisers to the Lanco group in connection with post-acquisition matters connected with Griffin Coal's offtake arrangements, including representing Lanco in meetings with a syndicate of international banks in relation to those matters
  • Mutiny Gold Limited - A$42 million gold stream financing with Sandstorm Gold Ltd for the development of the Deflector Gold Project
  • Mutiny Gold Limited - A$11 million facility and secured hedging for the development of the Deflector Gold Project
  • Doray Minerals Limited - A$55 million facility for the development of the Andy Well gold project
  • Eureka Energy Limited - US$50 million facility for the development of the Sugarloaf project in the United States
  • Empyrean Energy PLC - US$50 million facility to support its participation in the development of the Sugarloaf Project in the United States
  • Cortona Resources Limited - A$42 million project facility for the Dargues Reef gold project in NSW
  • Beadell Resources - US$90 million gold financing for the development of the Tucano Gold Project in Brazil and associated hedging
  • Mirabela Nickel - US$190 million nickel project financing in Brazil, US$100 million subordinated debt, US$ 55 million fleet leasing, domestic and international off-take agreements, and associated hedging arrangements
  • Highland Park S.A. (as lender) - C$70 million facility to Canadian subsidiary of Coalspur Mines Limited in relation to the Vista Coal project in Alberta, Canada
  • Kimberley Metals - A$7 million secured project financing and performance bond facility relating to the Ridges Iron Ore Project
  • Alkane Resources - secured hedging facility relating to the Tomingley Gold Project
  • Cedar Woods - A$110 million secured corporate facility and associated hedging
  • Adamus Resources - US$76 million project financing and related hedging in relation to the development of the Nzema gold project in Ghana
  • Navigator Resources - A$16 million project financing relating to the acquisition and development of the Bronzewing gold project in Western Australia plus related performance bonding facilities and US$12m secured gold stream facility and gold supply agreement relating to the Bronzewing project
  • Catalpa Resources - A$67.5 million gold project financing and associated hedging relating to the development of the Edna May Gold Project in Western Australia
  • Resource Capital Funds - A$6 million working capital facility for Wolf Minerals Limited
  • Bannerman Resources - A$20 million secured convertible note facility for Namibian uranium project

 

Resources

Recent resources transactions completed by the firm include:

  • Doray Minerals Limited -  copper concentrate offtake agreement for the Deflector Gold Project
  • Sirius Resources NL - advising on nickel and copper offtake arrangements for the Nova-Bollinger Project
  • Mawson West - copper concentrate offtake agreement for international sales from the Democratic Republic of Congo
  • Alkane Resources Limited - joint venture framework agreement with Treibacher Industrie AG for the production and marketing of ferro-niobium using niobium concentrate from the Dubbo Ziconia Project
  • Mirabela - nickel offtake agreements for both domestic (Brazil) and international sales
  • Navigator Resources - acquisition of Bronzewing gold project from administrators of View Resources
  • Public company - LNG project in Queensland
  • Mount Gibson - iron ore offtake contracts
  • Mount Gibson - iron ore rail contracts
  • LSG Resources - iron ore offtake agreement
  • Xstrata - Jubilee offtake arrangements with BHP

 

Corporate and commercial

Recent corporate and commercial transactions completed by the firm include:

  • Perth Radiological Clinic - ownership restructure with I-Med Network Limited
  • Alkane Resources Limited - sale of its interests in the Orange (NSW) JV assets (by share sale) to Regis Resources Limited in conjunction with its JV partner Newmont
  • PetroChina - acquisition of Queensland coal seam gas assets of Molopo Energy Limited by share acquisition ($41m)
  • Kingsrose - acquisition of the Way Linggo gold and silver project in Indonesia
  • Resource Capital Funds - various public and private share and business acquisitions