could look like this. ????????/
cash on hand $50 mil
equity raising $50 mil
banks $50 MIL
IFC low interst loan $70 mil
About IFC
IFC works with companies and local communities to ensure that benefits of resource
development are sustainable and help create benefits such as jobs, improved infrastructure
and economic opportunities. IFC offers mining clients in developing countries a broad range
of financial and advisory services throughout the mining life cycle. Through its early equity
investment program, IFC assists exploration stage companies, such as Gryphon, with
financing and advice on best practice environmental and social management.
In 2010 IFC invested over $18 billion in developing countries. IFC has provided financing to
other mining projects in West Africa, such as Newmont’s Ahafo gold mine in Ghana,
AngloGold Ashanti’s Obuasi and Iduapriem mines in Ghana, and Sadiola in Mali.
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