January 26th, 2017
The Lynx Resources Ltd. $75m debt financing for the SASA mine was awarded winning 2016 deal by Trade & Forfaiting Review (TFR).
October 28th, 2016
HAMILTON, Bermuda, Oct. 28th, 2016 – Lynx Resources Ltd. (“Lynx Resources”) is pleased to announce the closing of a 7 year, USD 75 million debt facility, with an interest rate of LIBOR + 5%, for the SASA lead-zinc mine in Macedonia (“the Financing”).
June 10, 2016
June 10 2016 marked SASA Mine’s 10th anniversary since the restart of operations in 2006, and 50th anniversary since the original opening. The mine, which produces 770 thousand tons of lead and zinc ore a year, is one of the largest zinc/lead mines in Europe, and one of the most profitable companies in Macedonia.
November 3, 2015
On November 3, 2015, Orion Mine Finance and Fusion Capital announced they had purchased the SASA zinc-lead-silver mine in Macedonia from Solway Investment Group for an undisclosed sum. SASA is located in the Makedonska Kamenica Municipality of Macedonia.