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News Stories (14 Results) - Mining

TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced that it provided $24,500,000 in secured financing to support Knox Capital Holdings in its refinancing of Stancor, L.P.Headquartered in... Read Story
October 12, 2018, 07:09 AM


Gordon Brothers, Hilco Industrial and AM King Industries announced that they have commenced an orderly sale process to sell certain mining assets of North American Tungsten Corporation (NATC) as part of a joint venture. NATC is a Canadian mining... Read Story
October 20, 2017, 07:09 AM


Endeavour Mining announced that it has refinanced its previous Revolving Credit Facility (RCF) on improved terms and upsized it to $500 million from $350 million, thereby providing significant headroom to fund its growth projects. Sébastien de... Read Story
September 20, 2017, 07:15 AM


Trevali Mining Corporation announced it has completed the acquisition of a portfolio of zinc assets from Glencore PLC, and certain of its subsidiaries, including an 80% interest in the Rosh Pinah mine in Namibia, a 90% interest in the Perkoa mine in... Read Story
September 01, 2017, 07:15 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


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


Gordon Brothers announced that the company has acquired the majority of Central Queensland Quarries’ (CQQ) plant and equipment as part of a liquidation managed by FTI Consulting.  Gordon Brothers has also entered into a rental agreement to lease a... Read Story
May 18, 2017, 07:30 AM


Perseus Mining Limited has received a total of $60 million of debt finance to be used to finance its growth strategy.The financing, provided by Macquarie Bank Limited, includes a $40 million project debt facility that will be used to finance the... Read Story
March 13, 2017, 07:19 AM


Essex Capital Group, Inc. announced that the firm recently arranged a $10 million term debt capital raise for Cornerstone Industrial Minerals Corporation, U.S.A., a Lakeview, Oregon, privately held company engaged in the mining, processing and... Read Story
March 08, 2017, 07:00 AM


Victoria Gold Corp. announced that it has appointed BNP Paribas as the sole Mandated Lead Arranger to arrange up to $220 million of senior, secured project debt for Victoria's Eagle Gold Project in Yukon, Canada.Mr. John McConnell, President and CEO... Read Story
January 25, 2017, 07:00 AM


Peabody Energy today announced that as of 5:00 p.m., New York City time, on Dec. 30, 2016, additional eligible holders of approximately 16.6 percent of the outstanding principal amount of the company's senior secured second lien notes and... Read Story
January 03, 2017, 08:00 AM


It’s no surprise that the global mining industry has endured a difficult few years, and for many mining companies, optimism has been in short supply. Persistently low commodity prices, waning demand and tightening capital and credit markets have been... Read Story
October 19, 2016, 07:23 AM


Recent leveraged loan price volatility presents increased risks and opportunities for CLO managers, Fitch Ratings says. Managers in volatile markets are challenged to make credit calls that may significantly affect long-term performance for CLO... Read Story
December 29, 2015, 07:33 AM