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News
08 June 2020
in
Metals and Mining

Zijin takes control of Tibet copper miner for $548m

China’s Zijin Mining Group Co is to pay CNY3.88 billion ($548 million) for a majority stake in a mining firm with rights to two copper deposits in Tibet.Best known...

News
05 June 2020

EBRD reveals winners of the 2020 Sustainability Awards

The European Bank for Reconstruction and Development has announced the winners of its 2020 Sustainability Awards.The awards recognise achievements in five categories:...

News
04 June 2020
in
Transport

Zeleros raises €7 million for hyperloop demonstrator

Zeleros Hyperloophas just completed a €7 million financing round to fund the development of hyperloop in Europe. The fresh capital comes from Altran, Grupo Red...

News
04 June 2020
in
Metals and Mining

SQM, Teck leave Revelo’s copper projects in Chile

Chile’s Sociedad Quimica y Minera and Canada’s Teck Resources have walked away from Revelo Resources’ copper projects in northern Chile, prompting the...

News
02 June 2020
in
Metals and Mining

Katoro Gold JV gets 'significant' funding interest for Blyvoor project

Gold and nickel miner Katoro Gold said its Blyvoor joint venture in South Africa had extended a period to consider financing options for a gold tailings project until the...

News
02 June 2020
in
Renewables

Duke Energy Florida to add 225MW from 3 solar projects

Duke Energy Florida (DEF) has announced three new solar projects that are expected to be operational in late 2021. The proposed additions are the 74.5MW Duette Solar...

News
02 June 2020
in
Metals and Mining

Iamgold buys Monarch’s Fayolle deposit for $11.5m

Canada’s Monarch Gold is selling its Fayolle property in western Quebec to fellow miner Iamgold in a cash and share deal valued at $11.5 million.The Montreal-based...

News
28 May 2020
in
Metals and Mining

Ascot raises C$25m for Premier gold project

Canada-based Ascot Resources has announced a C$25 million ($18.17 million) bought deal, led by Desjardins Capital Markets and Stifel GMP.The underwriters have agreed to...

News
22 May 2020
in
Metals and Mining

Altamira Gold receives environmental permit for Cajueiro project

Altamira Gold has received the second environmental permit required for the trial mining licenses for its advanced Cajueiro gold project in northern Mato Grosso state,...

News
21 May 2020
in
Renewables

Sunvest and Triodos plan 112MW of solar for Groningen

Sunvest and Triodos Renewables Europe Fund are partnering on two neighbouring solar park projects in the Dutch municipality of Midden-Groningen. The 64MW Energiepark...

News
20 May 2020
in
Metals and Mining

PNG court to rule on Barrick Porgera gold mine challenge in June

A Papua New Guinea court is set to rule on 3 June on whether Canada-based Barrick Gold Corp can proceed with a legal challenge over the government’s refusal to...

News
19 May 2020
in
Metals and Mining

Kefi Minerals receives Tulu Kapi debt finance approval

The National Bank of Ethiopia has approved the signed term sheets with the banks financing Kefi Minerals’ $250 million Tulu Kapi gold mine project. Despite...

News
18 May 2020
in
Metals and Mining

Turquoise Hill expects Oyu Tolgoi blowout to top $1.8bn

Canada’s Turquoise Hill Resources has revealed that an ongoing expansion of the giant Oyu Tolgoi copper-gold-silver mine in Mongolia is expected to cost as much as...

Perspective
14 May 2020

The Proximo Weekly Digest - Every silver lining also has a cloud

Infrastructure investment is being touted again as one of the keystones to getting the global economy back on track. But have we truly learnt from the infra finance...

News
14 May 2020
in
Renewables

Goldwind sells Penonome wind farm in Panama

Goldwind Americas has sold its 55MW Penonome I Wind Project located in Panama's southern coastal province of Cocle to AES Panama. The 22-turbine project was bought...

News
13 May 2020
in
Metals and Mining

Eurobattery to buy Finnish mine project

Eurobattery Minerals (BAT) has signed an agreement for a staged acquisition of 100% of Vulcan Hautalampi Oy (VHOy), owner of the Hautalampi Nickel-Cobalt-Copper mining...

News
12 May 2020
in
Metals and Mining

Fortuna to raise $60m to finance Lindero gold project

Canada's Fortuna Silver Mine is to raise $60 million to finance the remaining construction work at its Lindero gold project in Argentina, as well as for general...

News
12 May 2020
in
Renewables, Waste and water

GoldenSet Capital and Greenwood Energy merge

GoldenSet Capital Partners and Libra Group subsidiary Greenwood Energy have merged to form Greenwood Sustainable Infrastructure (GSI). The new company will focus on...

Perspective
11 May 2020
in
Oil & gas

Oil and gas: How bad can it get?

Although the price decks used by banks for reserves based lending guard against drops in the oil price, they cannot possibly account for the freefall of recent weeks. So...

News
11 May 2020
in
Metals and Mining

SolGold announces royalty funding package for Alpala Project

SolGold has entered into a $100 million Net Smelter Returns Financing Agreement with Franco-Nevada Corporation for its flagship Alpala copper-gold project and the...