Youanmi gold project
Project
Rox Resources secured A$350-million in debt facilities from a syndicate of major banks to fully fund the development of its Youanmi gold project.
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Counterparts (5)
Lender
HSBC
company · 6 deals
HSBC is one of the world’s largest banking and financial services organisations. Their strategy supports their ambition to be the most trusted bank globally, putting customers at the heart of everything they do. They are focused on long-term, sustainable growth, focused on areas of their competitive strengths.
Sumitomo Mitsui Banking Corporation
company
Sumitomo Mitsui Banking Corporation (SMBC) is a Japanese bank that provides financial services globally. They are involved in infrastructure projects as lenders and advisors, focusing on a variety of sectors including renewable energy, transportation, and utilities.
Westpac
company
Westpac is a major Australian bank providing project finance, corporate finance, and advisory services to infrastructure projects across Australia and New Zealand. It is a significant lender in the energy transition, transport, utilities, and social infrastructure sectors.
Societe Generale
company · 2 deals
Societe Generale has participated in two verified deals, focusing on renewable energy. They acted as a lender in a $1.1 billion solar project in Saudi Arabia and formed a joint venture partnership targeting renewable energy assets, including solar, onshore wind, and storage.
Deal Analysis
Rox Resources secured an A$350-million debt package from HSBC, Sumitomo Mitsui Banking Corporation, Westpac, and Societe Generale for its Youanmi gold project in Australia. Announced on 2026-03-09, this financing fully funds the Youanmi gold project development.
- Rox Resources secured A$350 million in debt facilities.
- Lenders include HSBC, Sumitomo Mitsui Banking Corporation, Westpac, and Societe Generale.
- Financing is for the Youanmi gold project in Australia.
- Deal announced on 2026-03-09.
Source Intelligence
KEY DETAILS
The funding package comprises a A$300-million senior secured project term loan facility, a A$20-million cost overrun facility and a A$30-million bank guarantee facility. The commitments follow Rox's equity raise completed in December, meaning the project is now fully funded through to production. Rox Resources expects to make a final investment decision later in the quarter (relative to March 2026) before commencing construction activities.
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Deal Size
A$350-million in debt facilities
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Location
Youanmi gold project in Western Australia
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Financials
A$350-million in debt facilities
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Expected Close
placing us in a position to commence draw-down of debt in the September 2026 quarter
PARTIES MENTIONED IN SOURCE
R
Rox Resources
developer
"Gold miner Rox Resources has locked in commitments for A$350-million in debt facilities"
s
syndicate of major banks
lender
"from a syndicate of major banks"
S
Societe Generale
lender
"The facilities were arranged with Societe Generale"
S
Sumitomo Mitsui Banking Corporation
lender
"Sumitomo Mitsui Banking Corporation"
W
Westpac
lender
"and Westpac"
high quality
Enriched Mar 9, 2026
Global Infrastructure Sherpa