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Gold/Mining/Energy : International Panorama -- Ignore unavailable to you. Want to Upgrade?


To: Bart Hoenes who wrote (217)5/29/1998 7:44:00 PM
From: Pete Mimmack  Read Replies (1) | Respond to of 264
 
Yes, indeed. From Post 186, a NR dated March 6:

"Standard Bank of South Africa is continuing in its role as the lead lender to the project. A significant portion of the debt financing is expected to be insured by the South African Credit Guarantee Insurance Corporation (CGIC), and an application was submitted to CGIC in November, 1997. The Company has received an encouraging response from CGIC and is attending to the conditions stipulated by CGIC and Standard Bank."

Pete