Business Review Australia - March 2016_

MINING

http://www.oceanagold.com 59

which was set to mature on July 1,

2018. The new facility amortises
      to $200 million in December 2017,
      $150 million in December 2018 and
      matures on December 31, 2019.
      Compared to the previous corporate
      loan, the restructured facility has
      more relaxed commercial terms

and a substantially reduced margin.

The new facility was financed by six

international financial institutions

comprising the Bank of Nova

Scotia, BNP Paribas, Citibank N.A.,

Commonwealth Bank of Australia,

HSBC and Natixis. The new debt

facility also replaces to the Romarco

Reefton Operation

CLEVER

RESOURCEFUL

SOLUTIONS

At Orica, we’re focused on developing long term partnerships

which reduce total cost of mining, improve productivity and

enhance your licence to operate.

We combine the progressive thinking of our Global R & D and Technical networks

to find solutions to the challenges you face every day.

orica.com

For more information contact our team:

Keiran J. Balkin

Business Development Manager, Asia

Email: [email protected]

Louie R. Sarmiento

Business Manager

Philippines, Taiwan, Micronesia

Email: [email protected]

Orica Philippines,Inc.

2/F, Bonifacio Technology Center,

31st st. Cor. 2nd Ave.

Bonifacio Global City Taguig City,

Philippines 1634

Tel No: +632 815 1657

Fax No: +632 815 1729

Limay Factory

Lamao, Limay, Bataan, Philippines

Tel No: +6347 244 5772 to 74

Fax No: +6347 244 5810