- Write by:
-
Friday, September 10, 2021 - 14:08:22
-
491 Visit
-
Print
Mining News Pro - Gold miner Resolute Mining has voluntarily repaid an additional $30-million on its revolving credit facility (RCF), using proceeds from the recent $90-million sale of the Bibiani gold mine, in Ghana, to Asante Gold Corporation.
Resolute on Friday told shareholders that the latest voluntary repayment brought the company’s total repayments in 2021 to $50-million, strengthening its balance sheet and reducing borrowing costs.
The early repayment reduces the RCF balance to $100-million while Resolute retains the flexibility to redraw funds to the $150-million threshold, up until the maturity date in March 2023.
Short Link:
https://www.miningnews.ir/En/News/616537
China’s Zhaojin Mining Industry said on Wednesday that its A$733 million ($477.8 million) offer to buy Australia’s ...
Toronto-listed miner OceanaGold Corp said on Wednesday it will raise 6.08 billion pesos ($106 million) through an ...
Gold’s record-setting rally this year has puzzled market watchers as bullion has roared higher despite headwinds that ...
AbraSilver Resource said on Monday it has received investments from both Kinross Gold and Central Puerto, Argentina’s ...
Gold took a tumble as haven demand waned after geopolitical tensions eased in the Middle East.
The four largest indigenous communities in Chile’s Atacama salt flat suspended dialogue with state-run copper giant ...
A prefeasibility study for Predictive Discovery’s (ASX: PDI) Bankan gold project in Guinea gives it a net present value ...
Representatives from the Peñas Negras Indigenous community, in northwestern Argentina, clashed with heavily armed police ...
Newmont confirmed on Wednesday that two members of its workforce died this week at the Cerro Negro mine located in the ...
No comments have been posted yet ...