Caterpillar, Komatsu look to provide Allied Nevada with financing


Caterpillar Financial Services, Komatsu Financial and a major U.S. financial institution aim to provide mobile-equipment financing to Allied Nevada Gold. The financing would have a term of 60 to 72 months and an effective interest rate of 5% to 6%. Allied Nevada ordered three wire-rope shovels from Caterpillar, 33 haul trucks from Komatsu and other mobile equipment, totaling about $300 million. Read more.

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