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News Stories (10 Results) - Metals and Mining

Republic  Metals  Refining  Corporation,  a Florida-based provider of precious metals refining services, has asked a bankruptcy judge to approve the sale of the company "Free and Clear of All Liens, Claims, Rights,  Interests  and  Encumbrances"... Read Story
December 27, 2018, 08:00 AM


MB Business Capital, a division of MB Financial Bank, N.A., announced that it recently provided a new $7,500,000 senior credit facility to Paramus, New Jersey-based Salem Steel NA, LLC (Salem Steel).  Salem Steel is an importer and master distributor... Read Story
September 28, 2017, 07:12 AM


Tahoe Resources Inc. announced that the Company has entered into an Amended and Restated Credit Agreement  with a syndicate of lenders to increase its revolving credit facility from $150 million to $300 million with a $50 million accordion feature... Read Story
July 24, 2017, 08:00 AM


Hudson Resources, a Canadian mining concern, announced the completion of its debt funding arrangement for a Senior Loan of $13.0 million and a Subordinated Loan of $9.5 million, for a total of $22.5 million, in it’s 100% owned subsidiary, Hudson... Read Story
July 18, 2017, 07:00 AM


Hilco Industrial, LLC announced that Mark A. Smith has joined the firm, focusing on the metals, mining and adjacent sectors. Mr. Smith is based in Northbrook IL, reporting to Tom Greco and Steve Wolf, Co-CEOs of Hilco Industrial.Mr. Smith joins Hilco... Read Story
July 12, 2017, 07:15 AM


Detour Gold Corporation announced that it has concluded its negotiations with its existing bank group on a $500 million Senior Secured Credit Facility comprised of a $300 million Revolving Credit Facility for a tenor of four years and a $200 million... Read Story
July 11, 2017, 07:18 AM


Global mining and metals companies’ focus on debt reduction is in danger of going too far and compromising long-term growth. According to a new EY report on debt and working capital in the mining sector, debt has fallen by almost 25% in the sector... Read Story
June 23, 2017, 07:55 AM


Royal Gold, Inc. announced that it entered into a new $1 billion, 5-year revolving credit facility with a final maturity in June 2022. The new credit facility replaces Royal Gold's prior $650 million credit facility that was set to mature in March... Read Story
June 05, 2017, 07:12 AM


After five issuer defaults already this month accounting for nearly $2 billion in new volume, Fitch Ratings now expects the US high-yield default rate to end 2015 at around 3.5% -- above the 2.9% trailing 12- month (TTM) rate through September. This... Read Story
October 12, 2015, 07:23 AM


GE Capital, Corporate Finance today announced it is serving as administrative agent on $340 million in revolving credit facilities for subsidiaries of Wise Metals Group, LLC. The facilities will be used to fund the company’s growth and ongoing... Read Story
January 06, 2014, 08:08 AM