Amazines Free Article Archive
www.amazines.com - Tuesday, April 16, 2024
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133573)
 Advice (161671)
 Affiliate Programs (34799)
 Art and Culture (73855)
 Automotive (145712)
 Blogs (75614)
 Boating (9851)
 Books (17223)
 Buddhism (4130)
 Business (1330636)
 Business News (426446)
 Business Opportunities (366518)
 Camping (10973)
 Career (72795)
 Christianity (15848)
 Collecting (11638)
 Communication (115089)
 Computers (241951)
 Construction (38962)
 Consumer (49953)
 Cooking (17080)
 Copywriting (6733)
 Crafts (18203)
 Cuisine (7549)
 Current Affairs (20319)
 Dating (45908)
 EBooks (19703)
 E-Commerce (48258)
 Education (185520)
 Electronics (83524)
 Email (6438)
 Entertainment (159854)
 Environment (28970)
 Ezine (3040)
 Ezine Publishing (5453)
 Ezine Sites (1551)
 Family & Parenting (111007)
 Fashion & Cosmetics (196605)
 Female Entrepreneurs (11853)
 Feng Shui (134)
 Finance & Investment (310615)
 Fitness (106469)
 Food & Beverages (63045)
 Free Web Resources (7941)
 Gambling (30227)
 Gardening (25202)
 Government (10519)
 Health (630137)
 Hinduism (2206)
 Hobbies (44083)
 Home Business (91657)
 Home Improvement (251210)
 Home Repair (46243)
 Humor (4723)
 Import - Export (5459)
 Insurance (45104)
 Interior Design (29616)
 International Property (3488)
 Internet (191028)
 Internet Marketing (146687)
 Investment (22861)
 Islam (1161)
 Judaism (1352)
 Law (80506)
 Link Popularity (4596)
 Manufacturing (20914)
 Marketing (99316)
 MLM (14140)
 Motivation (18233)
 Music (27000)
 New to the Internet (9496)
 Non-Profit Organizations (4048)
 Online Shopping (129734)
 Organizing (7813)
 Party Ideas (11855)
 Pets (38165)
 Poetry (2229)
 Press Release (12689)
 Public Speaking (5643)
 Publishing (7566)
 Quotes (2407)
 Real Estate (126700)
 Recreation & Leisure (95495)
 Relationships (87674)
 Research (16182)
 Sales (80350)
 Science & Technology (110290)
 Search Engines (23514)
 Self Improvement (153300)
 Seniors (6220)
 Sexuality (36010)
 Small Business (49311)
 Software (83033)
 Spiritual (23516)
 Sports (116155)
 Tax (7663)
 Telecommuting (34070)
 Travel & Tourism (308304)
 UK Property Investment (3123)
 Video Games (13382)
 Web Traffic (11790)
 Website Design (56919)
 Website Promotion (36663)
 World News (1000+)
 Writing (35844)
Author Spotlight
MANMOHAN SINGH

Digital marketing professional with 8 years of experience. A good listner, Stratgist and fun loving ...more
LEMUEL ASIBAL

Lemuel Asibal is a web content writer who also ventures on writing articles and blog posts about any...more
TAL BARNEA

Tal is an electrical engineer with over 25 years of expertise with hardware, software, mechanical an...more
TUSHAR BHATIA

Tushar Bhatia is the Founder President of EmpXtrack Inc with over 19 years of experience in the soft...more
BRENDA PANIN

Passionate blogger and a great animal lover. ...more


Cairn hill receives vote of confidence with aud 15 million creditfacility - RF Beauty Equipment by icdenta icdenta





Article Author Biography
Cairn hill receives vote of confidence with aud 15 million creditfacility - RF Beauty Equipment by
Article Posted: 02/25/2013
Article Views: 56
Articles Written: 1096
Word Count: 470
Article Votes: 0
AddThis Social Bookmark Button

Cairn hill receives vote of confidence with aud 15 million creditfacility - RF Beauty Equipment


 
Business,Business News,Business Opportunities
It is reported that IMX Resources joint venture company operatingthe Cairn Hill iron ore and copper mine, Termite Resources hassecured a AUD 15 million revolving line of credit from the LinQResources Fund. The LinQ Resources Fund is managed by LinQ Capital part of boutiqueinvestment house LinQ Group. Importantly, securing this finance isa vote of confidence in Cairn Hill which is operating cash flowpositive and operating at design capacity. Further upside is it strengthens IMX balance sheet following theproposed acquisition of Continental Nickel with Termite now able torepay USD 10.8 million in loans to IMX. The 12 month terms of theline of credit are 13% per annum interest on funds drawn down and6.5% interest on undrawn funds.

Mr Neil Meadows managing director of IMX Resources commented on thepositive milestone that "Securing the line of credit is partof a strategy agreed by the joint venture partners to address thefunding shortfall that occurred in the December and March quarterswhen pre-stripping of waste at the operations resulted in a cashflow deficiency." He said that "The repayment of the secured loan from Termiteadds additional strength to IMX's balance sheet as we areseeking to consolidate the ownership of the potentially world-classNachingwea Nickel-Copper Project in Tanzania." Earlier this month, IMX announced it will bring the NachingweaNickel Copper Project in Tanzania under full control, strengtheningthe balance sheet and reducing impediments to achieving productionin 2015. IMX and joint venture partner Continental Nickel have agreed to abusiness consolidation that will bring all of their activitiesunder one single entity. The move will simplify the structure ofthe two companies and reduce the complexities associated withbringing Nachingwea into production. 1. Cairn Hill funding Activities on the project pipeline of the combined activities ofIMX and Continental will be underpinned by cash flow fromIMX's Cairn Hill Mining Operation.

Cairn Hill is operated by Termite Resources, which is owned byOutback Iron a joint venture between IMX and Taifeng YuangchuangInternational Development Co. Phase one of production at the CairnHill project is a unique magnetite iron-copper-gold direct shippingore operation, producing a premium coarse grained magnetite productwith a clean saleable copper-gold concentrate. IMX has also announced a phase two resource, which the jointventure project group is accelerating to begin production of asaleable iron intermediate concentrate of about 60%. While thesoftening of iron ore and copper prices in recent months has seenthe pricing of Cairn Hill magnetite copper ore under the phase onelife of mine sales contract reduce by 25%, operations at theminesite are performing at designed capacity with cash operatingcosts free on board trending towards the target of AUD 75 per tonnewith opportunities for further improvement already identified. Source - Proactive Investors.

The e-commerce company in China offers quality products such as RF Beauty Equipment , Excimer Light Manufacturer, and more. For more , please visit IPL Laser Machines today!

Related Articles - RF Beauty Equipment, Excimer Light Manufacturer,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.

 

Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
Name:
Email:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
 
Please enter the code in the image:



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance


LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
TIM FAY

After 60-plus years of living, I am just trying to pass down some of the information that I have lea...more
ALEX BELSEY

I am the editor of QUAY Magazine, a B2B publication based in the South West of the UK. I am also the...more
GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
SUSAN FRIESEN

Located in the lower mainland of B.C., Susan Friesen is a visionary brand strategist, entrepreneur, ...more
STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more
STEPHEN BYE

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through the...more
SHALINI MITTAL

A postgraduate in Fashion Technology. Shalini is a writer at heart! Writing for her is an expression...more
ADRIAN JOELE

I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
JAMES KENNY

James is a Research Enthusiast that focuses on the understanding of how things work and can be impro...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2024, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license