trending Market Intelligence /marketintelligence/en/news-insights/trending/zf7l08Ndw8z-s99Zkupi0w2 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

Resolute Mining looking to raise up to A$196M to repay US$130M debt

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

State of the Market: Mining Q2-2020


Resolute Mining looking to raise up to A$196M to repay US$130M debt

Resolute Mining Ltd. is looking to raise up to A$196 million via an equity raising to repay a US$130 million finance facility from Taurus Funds Management Pty. Ltd. before the repayment deadline of Jan. 31.

The company secured the financing facility in July 2019 to fund the cash component of its acquisition of Toro Gold Ltd.

Resolute will target A$146 million through a fully underwritten institutional placement, A$25 million via a placement to the company's directors and largest shareholder, ICM Ltd. Group, and up to A$25 million through a share purchase plan.

The shares will be issued at A$1.10 per share, a 6.4% discount to the Jan. 20 closing price of A$1.175 per share.

Resolute Managing Director and CEO John Welborn said the repayment will save the company extension fees and interest payments and allow it to refinance debt facilities this quarter.