David Bellingham

About David

On-going mandates which David is leading:

Epanko Graphite Project, Tanzania: financial adviser to EcoGraf in the raising of project finance
Dasa Uranium Project, Niger: financial adviser to Global Atomic Corp in the raising of project finance
Kone Gold Prject, Côte d’Ivoire: financial adviser to Montage Gold Corp in raising of project finance
Steelpoortdrift Vanadium Project, South Africa: financial adviser to Vanadium Resources Limited in the raising of project finance
K.Hill Manganese Project, Botswana: financing strategy for Giyani Metals Corp on the project

Key past transactions:

Mako Gold Project, Senegal: led the US$ 40m private equity investment for 30% of Toro Gold Limited alongside Tembo Capital and Resource Capital Funds to facilitate the construction of the project. Toro Gold was taken over by Resolute Mining in 2019
Gangama Mineral Sands Project, Sierra Leone: led the US$ 15m mezzanine facility and US$ 50m project facility supporting Sierra Rutile’s project in Sierra Leone. Sierra Rutile was taken over by Iluka Resources
Langer Heinrich Uranium Project, Namibia: led the initial US$ 130m project facility and subsequent US$ 70m corporate facility for Paladin Energy
Kwale Mineral Sands Project, Kenya: led the US$ 220m project facility for Base Resources supporting the construction of the project. First mining project financing in Kenya
Yeristovo Mining Iron Ore Pelletizing Operation, Ukraine: led the European ECA-covered US$ 35m equipment financing facility to provide yellow goods to Ferrexpo’s Ukrainian operation
New Liberty Gold Project, Liberia: led the US$ 88m project and US$ 12m mezzanine facility supporting the construction of the project led by Aureus Mining
Epanko Graphite Project, Tanzania: provided advisory services to Kibaran Resources relating to the raising of structured finance to facilitate the construction of the project. An offtake contract was secured from ThyssenKrupp for the European refractory market
Kaunisvaara Iron Ore Project, Sweden: provided debt advisory services to Northland Resources and received credit approval for the project financing

Key Roles

Citibank – Senior Project Manager

Minexia Limited – Executive Director, Head of Investments and Board Member

Quantum Global – Director and Head of Mining Investments

Nedbank – Principal, Mining Finance

WestLB – Director, Metals and Mining Project and Acquisition Finance

Rothschild – Manager, Structured and Commercial Finance

Education, Citizenship and Languages

MSc in Mining Engineering – Distinction, from Camborne School of Mines – University of Exeter

CFA Charterholder, CFA Institute

Honours Degree in Business – First Class, Monash University

Australian and British citizen

Languages: English