Marathon Gold Corporation announced the execution of a credit-approved commitment letter with Caterpillar Financial Services Limited (Cat Financial) for equipment lease financing related to the development and operation of the Valentine Gold Project...
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June 14, 2022, 07:22 AM
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Argo Blockchain PLC, a global firm in cryptocurrency mining, announced Argo Helios LLC, a wholly owned Delaware-registered subsidiary of Argo Blockchain plc, has entered into an equipment financing agreement with NYDIG ABL LLC, a wholly owned...
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March 11, 2022, 07:05 AM
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Soluna Holdings, Inc., the parent company of Soluna Computing, Inc. (SCI), a developer of green data centers for cryptocurrency mining and other intensive computing, announced its subsidiary Soluna MC Borrowing 2021-1 LLC has entered into a master...
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February 07, 2022, 07:05 AM
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Eclipse Business Capital LLC (EBC), formerly known as Encina Business Credit, announced it has provided a $45 million senior secured revolving credit facility to a coal mining company based in the U.S. and Canada.The credit facility is secured by...
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December 07, 2021, 07:25 AM
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Arctos Capital, a commercial lender with offices in San Francisco, CA, and Calgary, AB, has closed another equipment financing transaction to help leading Bitcoin Mining firms bring more hashpower to North America. The $6.5M transaction financed the...
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December 14, 2020, 07:20 AM
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Arctos Capital, a commercial lender with offices in San Francisco, CA, and Calgary, AB, has closed another equipment financing transaction to help leading Bitcoin Mining firms bring more hashpower to North America. The $2.8 million transaction...
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October 16, 2020, 07:07 AM
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Core Scientific, the leading blockchain hosting provider in the United States, announced it has partnered with commercial lender Arctos Capital, which has provided an initial $1.8 million in equipment lease financing for clients’ purchase of...
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October 02, 2020, 07:05 AM
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Utica Equipment Finance completed the funding of a $10.6 million capital lease secured by machinery and equipment located in West Virginia. Utica provided the funds for the acquisition of a coal mining operation.Utica Equipment Finance, an affiliate...
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January 08, 2020, 07:05 AM
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Mega Highwall Mining LLC. is a coal mining company founded in 2015. It operates both ADDCAR and Superior Highwall Mining Systems. Mega Highwall operates its machines on land that has previously been used as a mining site. The company’s automation can...
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November 21, 2019, 07:15 AM
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Stonebriar Commercial Finance Canada announced the closing of a $35 million equipment lease facility with a joint venture majority owned by an investment grade strategic industrial and a natural resources-focused private equity group. The joint...
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June 12, 2019, 07:20 AM
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Encina Equipment Finance announced it has provided a $12.5 million equipment lease to a coal mining company. The facility is being used to fund new equipment purchases.Launched in June 2017, Encina Equipment Finance provides loans and leases ranging...
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September 17, 2018, 07:20 AM
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It’s no surprise that the global mining industry has endured a difficult few years, and for many mining companies, optimism has been in short supply. Persistently low commodity prices, waning demand and tightening capital and credit markets have been...
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October 19, 2016, 07:00 AM
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Mining Equipment Market size is expected to reach USD 99.13 billion by 2024; according to a new research report by Global Market Insights, Inc.While mining operations depend heavily on the ore location, the prominent production locations function in...
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October 17, 2016, 07:10 AM
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Komatsu Ltd. announced that it has signed a definitive agreement with Joy Global Inc., a leading manufacturer of surface and underground mining equipment, under which Komatsu America Corp., a wholly-owned subsidiary of Komatsu in the USA, will...
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July 21, 2016, 07:19 AM
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Atlantic Gold Corporation announced that it has executed a commitment letter and supporting term sheet with Caterpillar Financial Services Corporation ("Cat Financial"), pursuant to which Cat Financial has agreed to underwrite up to $20 million in...
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February 23, 2016, 07:00 AM
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CG Commercial Finance (CGCF) completed its 23rd schedule for one of the United States largest privately held coal mining operation, for a total of $77,162,139 for new and used above and below ground mining equipment and vehicles. The leases are...
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December 04, 2014, 06:30 AM
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Mazuma Capital is funding a $4.5 million operating lease on industrial ovens for a growing mining company. The ovens will be used in refining a rare ore only found in a remote area of the western United States. The ore is an ideal resource that...
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October 21, 2014, 07:13 AM
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Balboa Capital announced the company has strengthened its mining equipment financing division with the appointment of three new finance directors. Additionally, the company recently increased its lending capacity with a $152 million securitization....
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September 17, 2014, 06:30 AM
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Balboa Capital announced the expansion of its mining equipment financing division. The company hired a team of highly experienced finance directors and account coordinator to strengthen its position in the mining equipment financing arena. “Adding...
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June 03, 2014, 05:00 AM
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Economic activity in the non-manufacturing sector grew in March for the 50th consecutive month, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business. The report was issued today by Anthony Nieves...
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April 04, 2014, 06:55 AM
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The company has revised its 2013 outlook and now expects sales and revenues to be about $55 billion, with profit per share of about $5.50. The previous outlook for 2013 sales and revenues was a range of $56 to $58 billion with profit per share of...
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October 24, 2013, 07:02 AM
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Caterpillar Financial Services Corporation ("Cat Financial") completed a US$24 million equipment finance facility ("Equipment Financing") with Nevada Copper Corp. ("Nevada Copper" or "Company"). The Equipment Financing forms part of the overall...
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October 02, 2013, 06:35 AM
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Caterpillar Inc. reported first-quarter 2012 sales and revenues of $15.981 billion, up 23% from $12.949 billion in the first quarter of 2011. Profit was a record $1.586 billion in the quarter, an increase of 29% from $1.225 billion in the first...
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April 25, 2012, 07:30 AM
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