trending Market Intelligence /marketintelligence/en/news-insights/trending/1VnvU74_2uNcN70TEuJOhA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Anaconda secures C$5M loan to advance Goldboro project

COVID19 Mining Impacts Mining Projects With At Risk Production

Mining Insights Newsletter June 2020

A Decade of Underperformance for Gold Discoveries

State of the Market: Mining Q1-2020

Anaconda secures C$5M loan to advance Goldboro project

Anaconda Mining Inc. secured a C$5 million loan with the Royal Bank of Canada, with the proceeds to be earmarked for pre-construction work at the Goldboro gold project in Nova Scotia.

The facility is repayable monthly over a two-year term, with certain prepayment options. It bears a fixed interest rate of 4.6% and a performance guarantee fee by Export Development Canada of 1.85%, payable quarterly based on the proportional amount outstanding.

Anaconda has drawn the full amount, with the first monthly payment due in 30 days, according to a March 12 release.

The company expects to finalize a feasibility study for Goldboro in 2019 and complete all work required to obtain mining permits to be shovel-ready in early 2020.