| From Mining-journal.com: London-listed Kazakhmys plc has secured up to US$2.7 billion from a Kazakh sovereign wealth fund, Samruk-Kazyna. This follows a US$3 billion financing facility made available to Samruk in June 2009 from China Development Bank Corp (CDB) for the development of infrastructure and resource projects in Kazakhstan.
Kazakhmys announced this week that it had already secured approval from Samruk and CDB for US$2 billion to be spent on development of the Boschekul copper project, and US$100 million to fund development of the Bozymchak gold-copper project..........................................Full Article: Source
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