Zambia copper mine secures $583,8m loan

(Mining Weekly, South Africa, 14 December 2006) Copper miner Equinox Minerals has signed a $583,8-million bank debt facility for the construction and development of Lumwana project, located in the north-western province of Zambia. The project debt facility would be provided by a syndicate of European, African and Australian based commercial lenders, Developmental Finance Institutions and Export Credit Agencies.