Aureus Mining Given US$88 Million South African ECA Support

(Alliance News, 23 September 2013, London) - Aureus Mining Inc. Monday said the Export Credit Insurance Corporation of South Africa has approved export credit support for the company's US$88 million project debt finance facility to fund the development of its Liberian New Liberty Gold Project, with the finance facility being provided by Nedbank Ltd and Rand Merchant Bank. South Africa's ECIC has experienced a "phenomenal" growth in its insurance portfolio to R17bn (US$1.69bn) in the year to end-March from the previous year’s R11bn (US$1.01bn).