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Another Fine Project Financed By: United OPEC Banks

Indonesia Gold & Copper Mines Limited (IGCL)
Mining Expansion and New Equipment Purchase Project
Sumbawa Island, Indonesia

Key Data

  • Geology type: Gold-rich porphyry copper
  • Mineral type: Copper sulphides with gold
  • Reserve base: 6,010 Mt at 0.57% Cu and 0.44g/t Au
  • Annual production: Annual production 876,500t Cu, 2,360,000 oz Au

Indonesia Gold & Copper Mines Limited is a huge open pit gold mine spreading over a concession of about 25,000 hectares and approximately 47 kilometers by road to the town of Indonesian island of Sumbawa in the province of West Nusa Tenggara, 1,530km east of Jakarta.

The rock containing the gold is loosened by daily dynamite blasts, and then piled up and sprayed with cyanide solution. The solution that runs off is then processed to remove the gold.

The mine produced 2,360 million ounces of gold at a cost of $103 per ounce, making it one of the largest and lowest-cost gold mines on the planet.

Fully Financed By: United OPEC Banks (€1,121,000,000.00)


Precious Metals, Base Metals and Mining & Exploration Projects Finance

Financing World's Major Gold, Silver, Platinum and other Precious Metals, Bauxite Plants, Aluminum, Copper, Steel, Base Metals, Strategic Metals, Diamonds, Precious Stones, Mining & Exploration and Manufacturing Projects from US$5,000,000 up to NO LIMIT enhanced with our traditional GUARANTEED LOWEST INTEREST RATES and attractive terms.

Highlights

  • NO UPFRONT FEES
  • NO accrued interest until project is completed
  • NO principle payments due until project is completed
  • NO ownership / equity ownership by lenders
  • NO hidden application, processing, or disbursement fees
  • GUARANTEED LOWEST INTEREST RATES
  • United OPEC Banks can accommodate large funding projects of any dollar value
  • Single source financing
  • Flexible payment terms
  • Up to 100% Financing
  • Financing from US$5 million up to NO LIMIT


Click Here For Full Financing Details
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Click Here For Full Financing Details

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