Drill and Deal

The course / Funding a project

Module 7 of 15, 15 minute read

Funding a project

Building a mine costs from a few hundred million to several billion dollars before the first revenue. The funding package almost always combines several instruments.

A tall blue shaft headframe and plant buildings in the Gobi desert
A shaft headframe at Oyu Tolgoi, Mongolia, in 2010. In 2015 the project signed US$4.4 billion of project finance, one of the largest packages in mining.Photo: Brücke-Osteuropa, public domain

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