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Elements that make our offering in these sectors unique include the following:
 

• Our wealth of experience in these sectors in South Africa and on the African continent, coupled with our in-house technical skills, enables us to structure funding solutions that address each client’s specific needs.
• Our broad range of skills across the risk spectrum, from greenfield project finance to short-term working capital facilities, enables us to be flexible in our approach when designing funding solutions for our clients.
• Our deep relationships with the corporate, technical, environmental, social and legal advisors that operate in these sectors enable us to provide a full-service offering to our clients.
• Our understanding of the commodity markets enables us to service clients across a broad range of commodities, including precious metals, base metals, bulk commodities, and industrial minerals.
• Our focus on sustainability and clean-energy solutions in the mining and resources sector is well aligned with the increased focus on environmental, social and governance (ESG) issues by our clients, and our own commitment to meeting the global Sustainable Development Goals.
  
  

Funding solutions

Our funding solutions include the following:
 

Project finance

We arrange and underwrite limited-recourse project finance solutions for greenfield and brownfield mining projects. This will include the design, structuring and execution of senior and standby debt facilities, commodity-, exchange-rate- and interest-rate-hedging facilities, where appropriate, and overall transaction management and day-to-day monitoring throughout the life of the transaction.
 

Acquisition finance

We arrange, structure and underwrite debt packages that enable our clients to acquire target companies or operations in the mining, mining services, chemicals and downstream metal beneficiation sectors. Our deep knowledge of the sector capital markets enables us to structure bridge facilities to support our clients making strategic acquisitions within short time frames.
 

Sustainable finance solutions

We develop sustainable finance solutions to enable our clients to advance their own ESG strategic goals and to promote clean-energy solutions to companies in the mining and resources sector. Sustainable finance solutions are a unique approach to rewarding companies that are ambitious in promoting ESG principles in their operations to reduce their carbon footprint aggressively.
 

Structured and working capital finance

We develop innovative structured debt-funding solutions to enable our clients to optimise their balance sheet and to provide operational flexibility. This may be achieved through multicurrency debt facilities, sculpted loan repayments and capital grace periods for the financing of expansion projects and revolving credit facilities to meet their general funding or working capital requirements. We also provide guarantee facilities for environmental rehabilitation and other requirements.
 

Export credit finance

We arrange and implement project finance solutions while leveraging export credit agency support, where appropriate, based on the source of capital goods and services for project development. We also seek development finance institution support in larger transactions and arrange political-risk insurance in higher-risk jurisdictions from the public and/or private insurance market.
 

Commodity price hedging

We have extensive experience in customising commodity-price-hedging programmes to meet the needs of our clients for management’s risk mitigation purposes. Most base and precious metals can be hedged using a variety of derivative instruments to structure both long- and short-term hedging programmes.

Nivaash Singh – Co-head: Mining and Resources   

+27 (0)10 234 8315

Greg Webber – Co-head: Mining and Resources   

+27 (0)10 234 8312

Vusi Mpofu – Sector Lead: Mining and Chemicals 

+27 (0)10 235 7342