Eastplats finalises $100m loan to fund growth

Eastern Platinum (Eastplats), which produces the precious metal at a mine in South Africa, has finalised a $100-million debt facility with UniCredit Bank and a Standard Bank unit, it said on Tuesday. The TSX- and JSE-listed company will use the...

Lundin restructures credit facility

Canadian base-metals miner Lundin Mining has executed an amendment to its credit agreement, which has been restructured to a three-year, fully-revolving line of credit of $225-million. The company has been in negotiations with lenders to revise...

Quadra closes $37,5m project financing for Chile mine

Vancouver-based Quadra Mining has met all the requirements for a $37,5-million syndicated project loan facility, to complete its Franke copper project in Chile, and has drawn down the full $30-million term loan component of the facility. The...