Lydian International Limited provided an update on its $160 million term loan facility with Orion Co VI (ED) Limited and Resource Capital Fund VI L.P. The Term Loan, as amended, includes an initial $50 million tranche and a second $110 million tranche. Availability of these tranches is subject to applicable conditions precedent, which included satisfaction of certain conditions by December, 31, 2016. The December 31 Conditions were satisfied with the exception of certain limited conditions where the parties to the Term Loan have agreed to timing for future completion of such conditions.