trending Market Intelligence /marketintelligence/en/news-insights/trending/BZeBumLK3tOPkabFLsIZCw2 content esgSubNav
In This List

Shandong Gold's unit to secure US$200M loan for working capital

Blog

Infographic: The Big Picture 2024 – Energy Transition Outlook

Case Study

An Oil and Gas Company's Roadmap for Strategic Insights in a Quickly Evolving Regulatory Landscape

Blog

Essential IR Insights Newsletter Fall - 2023

Video

Battery metals - unbated long term need for supply security despite short-term headwinds


Shandong Gold's unit to secure US$200M loan for working capital

Shandong Gold Mining Co. Ltd. said Dec. 18 that unit Shandong Gold Mining (Hong Kong) Co. Ltd. will apply for a US$200 million loan from the state-owned China Development Bank.

The parent company will be guarantor of the loan. Shandong Gold and the unit have also been seeking up to US$1.26 billion in bank loans to fund the acquisition of a 50% stake in the Veladero gold mine in Argentina from Barrick Gold Corp.