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News Stories (8 Results) - Mining

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