Arizona Star Deal?"Bema's cost estimates to develop Cerro Casale were soaring to as much as $2 billion, and were still climbing. To even swing the deal required the involvement of a major mining company. By 2004, Placer Dome had agreed to arrange $1.3 million in financing, including $200 million in equity on behalf of all the partners. By September 2005, Placer Dome had dropped out of the project, claiming it was not financially viable."
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