This post was originally published on this site.Aura Minerals (Nasdaq: AUGO) has secured a $200-million syndicated loan as the gold miner builds its Era Dorada project in Guatemala and works towards producing more than 600,000 gold-equivalent oz. a year. The five-year loan carries interest at the Secured Overnight Financing Rate – which was 3.62% on Friday – plus 2.7% and includes a two-year grace period, Aura said. Citi and Itaú BBA acted as joint lead arrangers and bookrunners. Proceeds are earmarked for supplier payments and prepayment of production and selling costs, Aura said. The company didn’t specify how much, if...

This post was originally published on this site.The U.S. Department of Energy’s (DOE) Office of Environmental Management (EM)  released on Friday an expression of interest (EOI) seeking input from American industry on the potential transfer of surplus critical minerals, rare earth elements and other materials located at five EM cleanup sites across the country.  The materials identified in the EOI are the result of past nuclear weapons production and government-sponsored energy research. No longer needed for planned activities, they may be valuable to private industry, including advanced technology and manufacturing, alternative energy and national defense, the DOE said.  The critical minerals...