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News
21 December 2022
in
Metals and Mining

Managem acquires Canada’s Iamgold assets in Senegal, Mali and Guinea

Moroccan mining company Managem has bought the assets of Canada's Iamgold in Senegal, Mali and Guinea, known as Bamouk, for a total cost of $282 million.The total...

News
20 December 2022
in
Metals and Mining

IAMGOLD gets $340m funding from Sumitomo for Cote gold project

IAMGOLD has amended its joint venture agreement with Sumitomo Metal Mining and SMM Gold Cote.Under the agreement, beginning in January 2023, Sumitomo will contribute...

News
20 December 2022
in
Metals and Mining

Ascendant one step away from 80% ownership in Portugal project

Ascendant Resources has satisfied all financial conditions required to increase its effective ownership interest from 50% to 80% in the Lagoa Salgada volcanogenic massive...

Perspective
16 December 2022
in
Waste and water

Proximo Weekly: What next for UK water?

If the UK decides that a radical change in direction is needed in the ownership structures used in UK water, can it make sure that the debt structuring baby is not thrown...

News
16 December 2022
in
Metals and Mining

Copper Mountain sells Eva Copper project

Copper Mountain has closed the sale of Eva Copper project and exploration land package to Harmony Gold for a total consideration of $230 million.Under the transaction...

News
15 December 2022
in
Metals and Mining

Eldorado's €680m project financing for Skouries

Eldorado Gold subsidiary Hellas Gold has entered into a €680 million (about $724.5 million) project financing facility for the development of the Skouries Project,...

News
15 December 2022
in
Metals and Mining, Renewables

Elikhulu solar receives approval from Eskom

The Elikhulu solar plant developed at Evander gold operations has become the first project over 1MW to receive full grid code compliance from Eskom.The grid connection...

News
15 December 2022
in
Metals and Mining

Classic secures A$20m in funding for Kat Gap project

Classic Minerals has secured A$20.1 million ($13.7 million) in funding to advance its Kat Gap gold project, in Western Australia, and to fund exploration work in the...

News
13 December 2022
in
Metals and Mining

Orion Minerals secures $87m for Prieska project

Orion Minerals has signed definitive agreements for an $87 million funding package with Triple Flag Precious Metals to advance its Prieska copper/zinc mine, in South...

Perspective
13 December 2022
in
Telecoms and Communications

Is the UK facing fibre overbuild?

Up to two altnet project finance proposals per week are landing on bankers' desks in the UK. Is the UK fibre market overcrowded and about to undergo a wave of...

News
13 December 2022
in
Metals and Mining

Royalty agreement in place for Lama gold project

Metalla Royalty & Streaming has entered into a royalty purchase agreement to acquire royalties on metals extracted from Lama gold project for $7.5 million.Metalla...

News
13 December 2022
in
Metals and Mining

Pakistan top court ratifies Barrick’s Reko Diq project settlement

Pakistan’s Supreme Court has authorised a settlement for Barrick Gold’s plan to resume mining at the long-stalled Reko Diq gold and copper mining project.The...

News
12 December 2022
in
Metals and Mining

Ascot lines up project financing for Canadian gold project

Ascot Resources Ltd. (AOT) has entered into non-binding letters of intent for C$200 million ($145 million) in project financing for its Premier Gold Project (PGP).The...

News
12 December 2022
in
Metals and Mining

Genesis, St Barbara merge to form Hoover House

Genesis Minerals and St Barbara have agreed to a merger under which St Barbara will acquire 100% of the shares in Genesis and will be re-named Hoover House.The two...

News
09 December 2022
in
Metals and Mining

Mincor raises funds for its Cassini operations

Mincor Resources is targeting a A$60 million ($40.4 million) capital raise to accelerate underground exploration and resource definition at its Cassini operations.The...

News
09 December 2022
in
Metals and Mining

JCHX buys 50% stake in Alacran project for $100m

Cordoba Minerals and JCHX Mining have entered a strategic arrangement to jointly develop Alarcan copper-gold-silver project in Colombia.As part of the arrangement, JCHX...

News
08 December 2022
in
Metals and Mining

Golden Tag to buy First Majestic’s Parrilla silver mine

Golden Tag Resources has bought the former producing La Parrilla silver mine, in Mexico, from First Majestic Silver for $33.5 million.The La Parrilla mine was First...

News
08 December 2022
in
Metals and Mining

Investors flock to Bellevue raising

Bellevue Gold has completed a A$60 million ($40.3 million) institutional placement to derisk its Western Australian gold operation.The company this week announced a A$70...

News
07 December 2022
in
Telecoms and Communications

DigitalBridge and IFM take Switch private

DigitalBridge Group (DBRG) and IFM Investors have completed their previously announced transaction to acquire all outstanding common shares of data centre firm Switch.The...

News
07 December 2022
in
Renewables

More details on EKF support for Golden Plains financing

More details have emerged on EKF's role in the recent debt financing of TagEnergy's A$2 billion ($1.345 billion) 756MW Golden Plains phase one onshore wind...