trending Market Intelligence /marketintelligence/en/news-insights/trending/tY8hesw8UVRNwsIodYhVKQ2 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

Avesoro secures further US$8.5M working capital loan from majority shareholder

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


Avesoro secures further US$8.5M working capital loan from majority shareholder

West Africa-focused gold producer Avesoro Resources Inc. entered into another loan agreement with its 97.90%-owner, Avesoro Jersey Ltd., comprising a working capital facility of up to US$8.5 million to fulfill the company's near-term cash flow needs.

The company intends to draw down the entire amount available under the new facility in the coming days and will use the funds for general working capital purposes, it said Dec. 12.

Following drawdown, total working capital loans provided by Avesoro Jersey to the company will be about US$55.7 million.

The new facility will accrue interest on the drawn amount at a fixed rate of 3.0% per annum, and will be repaid in full within 12 months following drawdown.

In October, Avesoro entered into a loan agreement with Avesoro Jersey for an unsecured working capital facility of up to US$5 million.