OK, here's some on topic:
Wouldn't you think no one would bother even looking?
Friday September 8, 12:57 pm Eastern Time
Press Release
Crew Development Corp: Appointment Of Leading European Bank To Finance Development Of High Grade Gold Deposit In Greenland
VANCOUVER, B.C.--(BUSINESS WIRE)--Sept. 8, 2000--Following extensive discussions with a number of major international project financing banks, Crew Development Corp. (TSE:CRU. <http://finance.yahoo.com/q?s=cru.to&d=t> - news </n/ca/c/cru.html>; OSLOSE:CRU) (FRANKFURT:KNC) is pleased to confirm the signing of a Mandate Letter appointing Bayerische Hypo-und Vereinsbank AG (HypoVereinsbank), as Advisor and Arranger for the debt financing of the high-grade Nalunaq gold project.
The debt financing requirements are estimated at approximately US$20 million for the construction of the underground mine and processing facilities.
HypoVereinsbank, Germany's second largest bank, is a sought after partner in the field of project finance. HypoVereinsbank has an impressive track record and is worldwide the number four commercial bank providing project finance and a significant provider for mining projects. The bank is currently managing over 300 projects and as an experienced arranger and advisor has extensive know-how and expertise from which the Nalunaq project financing will benefit.
Nalunaq Overview
(cont)
biz.yahoo.com
& at least these folks don't seem busy digging up more:
Reuters
Friday September 8 7:37 AM ET
Grumpy Town Declares 'Olympics-Free Zone'
SYDNEY (Reuters) - Fed up with Olympic hype, the citizens of Walhalla -- population, 21 -- have declared their old Australian gold mining town an ``Olympics-Free Zone.''
Visitors overheard gossiping about track times, sailing conditions, sports injuries or doping scandals will be fined on the spot.
Unpatriotic?
Not at all, huffed Rhonda Aquilina, who with husband Norm runs Walhalla's only general store in the outback town in western Victoria.
``A lot of people are saying 'good on ya','' she declared.
``We're offering a haven for people who have had enough.''(cont)
dailynews.yahoo.com |
