trending Market Intelligence /marketintelligence/en/news-insights/trending/sJdM3vPrryFzfohv5Ea-UQ2 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

WPG secures A$20M debt facility for Challenger gold mine

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020

Report Outlooks of Lithium and Cobalt

Essential Metals & Mining Insights July 2020

WPG secures A$20M debt facility for Challenger gold mine

WPG Resources Ltd.'s wholly owned unit Challenger Gold Operations Pty. Ltd. entered a A$20 million secured debt facility with Byrnecut Group, the mining contractor at the Challenger gold mine.

The loans will provide funds necessary to continue operations at the South Australian mine.

The two-year facility carries an interest rate of about 20% per annum and will be amortized monthly over the length of the loan.

The drawdown is expected to start before the end of December.

The company will work with the lender to deliver a mine plan focused on near term development into the Challenger Deeps area, it noted.

WPG is facing an A$8.7 million lawsuit from former mining contractor Pybar Mining Services Pty. Ltd. after the company terminated the contract.