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Ivanhoe appoints two more financiers to find funds for Platreef

Africa-focused platinum-group metals (PGM) miner Ivanhoe Mines has appointed mine-financing institutions KfW IPEX-Bank and the Swedish Export Credit Corporation (SEK) to arrange project financing for the development of the Platreef project in South Africa’s Limpopo province. The German government-owned KfW IPEX-Bank and SEK will join Export Development Canada, Nedbank Limited – acting through its corporate and investment banking division – and Societe Generale Corporate & Investment Banking, all appointed earlier this year, as initial mandated lead arrangers (IMLAs).