Rare earths miner Northern Minerals has completed a A$7.5-million convertible debt agreement, with the funds earmarked to progress enhancement initiatives at the Browns Range project, n Western Australia.
The convertible debt formed part of a greater …
Northern Minerals completes debt agreement Read More »
Russian gold mining company Petropavlovsk on Thursday announced a new $125-million convertible bond to refinance an existing short-term $100-million bond with a coupon of 9%, using a long-dated instrument at a lower cost.
CEO Pavel Maslovskiy said in …
Petropavlovsk reports strong interest in bond offering Read More »
While Stornoway Diamond Corp continues with a strategic review aimed at ensuring the long-term viability of its Renard mine, in Quebec, the company has received financial backing from its secured lenders and key stakeholders.
Under the terms of the br…
Stornoway receives financial backing while strategic review continues Read More »
Canadian diversified miner Teck Resources has secured a $2.5-billion financing facility to fund the development of Quebrada Blanca Phase 2 (QB2) project, in Chile.
Compañia Minera Teck Quebrada Blanca (QBSA), which holds the QB2 project and will be th…
$2.5bn financing for Teck and Sumitomo’s QB2 secured Read More »
Canadian diversified miner Teck Resources has secured a $2.5-billion financing facility to fund the development of Quebrada Blanca Phase 2 (QB2) project, in Chile.
Compañia Minera Teck Quebrada Blanca (QBSA), which holds the QB2 project and will be th…
$2.5bn secured for Teck and Sumitomo’s QB2 Read More »
Saudi Arabian Mining is weighing a plan to raise as much as $5-billion through a rights offering that could be the biggest since mid-2018, according to people with knowledge of the matter. The shares slumped.
The company, also known as Maaden, is work…
Saudi miner said to weigh world’s biggest rights issue in a year Read More »
Canadian miner First Quantum has signed a new $2.7-billion term loan and revolving credit facility, replacing the existing $1.5-billion revolving credit facility.
Underwritten by three core relationship banks, the new $2.7-billion facility, with an ac…
First Quantum announces refinancing Read More »
Dual-listed Orion Minerals has secured a new A$3.6-million bridge loan facility from financier Tembo Capital Mining Find to progress the bankable feasibility study of its Prieska zinc/copper project, in South Africa.
The loan facility will be made ava…
Orion inks new bridge loan facility Read More »
Chinese gold miner Zijin Mining Group Co Ltd said it plans to sell up to 8-billion yuan ($1.16-billion) worth of new shares in Shanghai to help fund its purchase of Canada’s Nevsun Resources Ltd .
Zijin aims to sell up to 3.4-billion A shares to inves…
Zijin Mining plans to sell $1.2bn A-shares to fund Nevsun purchase Read More »
