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News Stories (14 Results) - Mining

First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, announced a $41.9 million funding for a coal operation in the southern U.S.“Quickly funding a large equipment package for a coal company in... Read Story
May 20, 2021, 07:11 AM


Utica Equipment Finance announced it completed the funding of a $2,300,000 capital lease secured by machinery and equipment to a coal company headquartered in Kentucky with operations in the Central Appalachian region. Utica provided additional... Read Story
April 26, 2021, 07:15 AM


Arctos Capital, a commercial lender with offices in San Francisco, CA, and Calgary, AB, has closed an equipment financing transaction with an emerging leader in the bitcoin mining industry - Iris Energy. The $4.2 million transaction financed the... Read Story
February 05, 2021, 07:15 AM


Bitfarms Ltd. announced it has entered into an equipment lease with BlockFills for 1,000 WhatsMiner M31S miners to be delivered and installed by the end of November. The 1,000 new Miners are in addition to the non-binding Letter of Intent (LOI) with... Read Story
October 26, 2020, 07:11 AM


Arctos Capital, a commercial lender with offices in San Francisco, CA, and Calgary, AB, has closed another equipment financing transaction to help leading Bitcoin Mining firms bring more hashpower to North America. The $2.8 million transaction... Read Story
October 16, 2020, 07:07 AM


Core Scientific, the leading blockchain hosting provider in the United States, announced it has partnered with commercial lender Arctos Capital, which has provided an initial $1.8 million in equipment lease financing for clients’ purchase of... Read Story
October 02, 2020, 07:05 AM


Wintrust Commercial Finance (WCF) has approved $14.6 million in equipment financing on mobile drilling assets for a major contract driller to the West Coast mining industry. Proceeds from the financing were used to replace existing debt and fund new... Read Story
February 07, 2018, 07:10 AM


Lydian International Limited announced that its wholly owned Armenian operating subsidiary has entered into a secured credit facility with Caterpillar Financial Services (UK) ("Cat Financial") for a maximum principal amount of US$42 million ("Cat... Read Story
December 29, 2016, 07:48 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, 07:00 AM


Mining Equipment Market size is expected to reach USD 99.13 billion by 2024; according to a new research report by Global Market Insights, Inc.While mining operations depend heavily on the ore location, the prominent production locations function in... Read Story
October 17, 2016, 07:10 AM


Atlantic Gold Corporation announced that it has executed a commitment letter and supporting term sheet with Caterpillar Financial Services Corporation ("Cat Financial"), pursuant to which Cat Financial has agreed to underwrite up to $20 million in... Read Story
February 23, 2016, 07:00 AM


CG Commercial Finance (CGCF) completed its 23rd schedule for one of the United States largest privately held coal mining operation, for a total of $77,162,139 for new and used above and below ground mining equipment and vehicles.  The leases are... Read Story
December 04, 2014, 06:30 AM


Mazuma Capital is funding a $4.5 million operating lease on industrial ovens for a growing mining company. The ovens will be used in refining a rare ore only found in a remote area of the western United States. The ore is an ideal resource that... Read Story
October 21, 2014, 07:13 AM


Caterpillar Financial Services Corporation ("Cat Financial") completed a US$24 million equipment finance facility ("Equipment Financing") with Nevada Copper Corp. ("Nevada Copper" or "Company"). The Equipment Financing forms part of the overall... Read Story
October 02, 2013, 06:35 AM