Metro Mining Ltd (ASX:MMI)’s Post

Element79 Gold Corp Files for Uplisting, Announces Significant Debt Reduction ⚒️ TSXV:ELEM ◾️Uplisting to OTC venture, increased visibility ◾️Cleaning up balance sheet to prepare for exploration ◾️Artisanal mining model unique in the market https://lnkd.in/gWDQSD8d #gold #goldmining #juniormining #mining #preciousmetals

The DOE Loan Programs Office (LPO) has outlined a potential ten-fold increase in the supply of key minerals, including lithium, to meet future demand. The DOE has and continues to provide funding to ramp up domestic production of EVs and its manufacturing supply chains to contribute to the country's resource independence. #Lithium #Minerals #Resources #Commodities #Mining

'Commercial bank debt remains the cheapest form of funding when one considers the liquidity sources available in mining companies. On that spectrum of funding sources, we see equity as the most expensive and commercial bank debt as the cheapest.' Cathy Nader , CFA, Principal of Mining and Resources at #NedbankCIB. Access to commercial bank debt remains a cost-effective option within the debt capital stack. Alternative financiers have a specific role to play in helping miners access capital where no commercial bank debt appetite exists. Click here to learn more: https://ow.ly/iRoO50UNyfv

Today, Gryphon Digital Mining announced we have entered into an agreement with Anchorage Digital to substantially restructure Gryphon’s outstanding debt. We believe this debt restructuring is a game-changer for the company. By reducing our debt from approximately $18 million to $5 million and offering conversion at $1.10 per share – approximately double our current stock price – we are not just improving our balance sheet, we believe we are showcasing a sophisticated investor's belief in our value. With an improved balance sheet in place, we believe we are now well-positioned to execute on accretive initiatives, including securing low-cost power deals, strategic M&A, and expanding our revenue generating operations. And, perhaps most importantly, we are delighted to have Anchorage Digital’s input as a member of our board. Importantly, this transaction creates positive equity for Gryphon. We are laser-focused on building shareholder and company equity. This is the first step in that direction and we don’t expect it to be our last! Read the press release here: https://bit.ly/3AiZZT4

The refinancing demonstrates the confidence lenders and banking partners have in Thiess’ growth initiatives. #AustralianMining #mining #resources #thiess #oem #debt #facilities #refinancing #transaction #growth #decarbonisation

Debt financing of mining projects is carried out by concluding a loan or credit agreement. The loan can be bilateral or syndicated (when several financial institutions join forces to minimize risks). The latter is the case when it comes to large mining projects or significant resources. For this reason, commercial banks prefer to join the financing of mining projects at a later stage. The financial institution will only provide financing if it is truly confident that the project will generate sufficient cash flow to pay off the principal with interest. In addition, the bank team carefully analyzes the financial health of a borrower and determines whether he has a financial “airbag” in case of unforeseen circumstances. Read More: https://lnkd.in/g6um4rKa ALTAS INVESTMENT FINANCE LIMITED (AIFL) has been providing professional services in the field of investment project financing, investment engineering / consulting for a long time. If you are looking for the best way to finance a mining project, ALTAS INVESTMENT FINANCE LIMITED (AIFL) is ready to offer your company a long-term loan. We also provide comprehensive financial services for large businesses, including guarantees, financial modeling, investment engineering and consulting. We cooperate with large companies around the world, including Spain, the United States, the UK, Germany, Saudi Arabia, Vietnam, Brazil, Mexico, Chile, and more. Contact us to find out more. WEBSITE: altas-ifl.com EMAIL: funding@altas-ifl.com #Debtfinancing #Financingminingprojects #commercialbanks #miningprojects #miningindustry #Streamingfinance #royaltyagreements #Privateinvestmentfunds #Privateequityfunds #renewableenergy #agriculture #heavyindustry #mining #Fundmanagement #privatecapital #Privateplacements #mines #quarries #miningandprocessingplants #Offtakerfinancing #financialmodeling #investmentengineering #financialengineering #consulting #financingmechanisms #Vietnam #SaudiArabia #Chile #Mexico #Brazil #USA #Japan #Taiwan #loans #issuanceofbonds #leasing

Another step in the growing trend of traditional banks withdrawing from high-risk markets. Deutsche Bank's sale of a coal mine loan to private credit funds highlights the shifting landscape of financial support for industries deemed high risk. #Banking #FX #Crossborder #Mining

On Tuesday, multiple mining companies either completed capital raisings, secured funds or completed necessary requirements for loan facilities. Find out more about these companies in today’s capital crunch here: https://buff.ly/4f77uuI #capitalraise #funds #asx #miningnews

Whether you’re a mining executive considering a career move, planning for future investments, or preparing for unforeseen expenses, maintaining an offset account could be a game-changer. 👇 More in our latest article for Resources Unearthed. #offsetaccounts #executiveshareschemes #miningindustry #financialadvice #financialspecialists

Heliostar Metals Ltd has entered into a non-binding LOI with a New York based financial institution for a US$20M #gold linked debt facility. This innovative funding structure will be used to advance the company’s Ana Paula deposit in #Mexico, allowing for completion of the decline and test mining at the project, while aiming to minimize equity dilution. To learn more about Heliostar’s financing and use of proceeds, click here: https://bit.ly/3UzeyYG #miningnews