Crystallex, a Canadian mining company, has appointed BNP Paribas, a French financial institution, to advise on the project financing of the miner's Las Cristinas gold mine in southern Venezuela.CRYSTALLEX, a Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. mining company, has appointed BNP Paribas BNP Paribas (Euronext: BNP, TYO: 8665 ) is one of the main banks in Europe and France. It was created on 23 May 2000 through the merger of Banque Nationale de Paris (BNP) and Paribas. , a French financial institution, to advise on the project financing Project financing A form of asset-based financing in which a firm finances a discrete set of assets on a stand-alone basis. of the miner's Las Cristinas gold mine in southern Venezuela. Deustche Bank had been advising Crystallex on the project, but the mining company switched to BNP Paribas to continue working with the same management team, which quit Deutsche to work for Paribas. |
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