PROJECT FINANCING AND THE MINERAL DEVELOPMENT AGREEMENT

Authors
OTTO J MACDOUGALL D
Citation
J. Otto et D. Macdougall, PROJECT FINANCING AND THE MINERAL DEVELOPMENT AGREEMENT, Transactions - Institution of Mining and Metallurgy. Section A. Mining industry, 103, 1994, pp. 10000117-10000123
Citations number
7
Categorie Soggetti
Metallurgy & Mining
Journal title
Transactions - Institution of Mining and Metallurgy. Section A. Mining industry → ACNP
ISSN journal
03717844
Volume
103
Year of publication
1994
Pages
10000117 - 10000123
Database
ISI
SICI code
0371-7844(1994)103:<10000117:PFATMD>2.0.ZU;2-0
Abstract
The financing of large mining projects in developing and transitional countries is often achieved, at least in part, by limited-recourse fin ancing methods. Financing agreements are affected by the basic accord that is struck between the host government and the sponsors of the pro ject. It is concluded that governments and project sponsors should tak e into account the requirements of lenders when structuring such miner al development agreements to maximize the potential for attracting pro ject financing.