- Write by:
-
Thursday, March 26, 2020 - 12:07:55 PM
-
597 Visit
-
Print
Mining News Pro - Mining investment advisory firm Appian Capital announced on Wednesday that due to the challenges presented by the covid-19 pandemic across the industry, the firm has expanded its investment focus and is ready to provide short-term financing – including credit facilities – to support mining companies with balance sheet pressures and liquidity concerns.
According to Mining News Pro - This financial support will be made in addition to the firm’s usual direct equity investment considerations.
Appian says the long-term nature of its private equity funds and the flexibility of its investment mandate allow it to provide partners within the range of $50 million to $300 million, including equity, bridge loans and other forms of credit.
Appian’s current investment portfolio consists of six mines that have gone into production, including Roxgold’s Yaramoko operation in Burkina Faso and Harte Gold’s Sugar Zone project in Ontario.
Short Link:
https://www.miningnews.ir/En/News/506875
A prefeasibility study for Predictive Discovery’s (ASX: PDI) Bankan gold project in Guinea gives it a net present value ...
Iron ore futures prices drifted higher on Thursday as the latest soft data from top consumer China triggered renewed ...
Rio Tinto said on Wednesday it is teaming up with a global venture studio and start-up investor to back the development ...
Outflows from global physically backed gold exchange traded funds (ETFs) continued for a 10th month in March, but at a ...
Australia’s Fortescue said on Monday it would form a joint venture with OCP Group to supply green hydrogen, ammonia and ...
BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being ...
Mining News Pro - The ceremony of commemorating the tree planting day and the beginning of the afforestation project and ...
Mining News Pro - The DRI manager of Hormozgan Steel Company's said: According to the plans made in line with the ...
Private credit managers are doing significantly more fossil-fuel deals now than just a few years ago, as they step into ...
No comments have been posted yet ...