trending Market Intelligence /marketintelligence/en/news-insights/trending/9O57l6KilJa1lT9t789O1w2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

GobiMin unit secures US$4M loan facility

Industry Top Trends 2021: Metals and Mining

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020


GobiMin unit secures US$4M loan facility

GobiMin Inc.unit GobiMin Silver Ltd. has entered into a US$4 million revolving term loan facilitywith China Precision Material Ltd.

According to an April 7 statement, the loan facility bears aninterest rate of 3.5% per annum, will have an initial six-month term ending Oct.6, and may be extended by mutual consent.

Closing of the loan is subject to receipt of all applicable regulatoryand exchange approvals.

GobiMin Silver owns a 38.30% indirect equity interest in ChinaPrecision Material, which engages in the trading of metals, predominately silver,in Hong Kong.