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News
07 May 2020
in
Renewables

MIGA backs solar and wind power projects in South Africa

The Multilateral Investment Guarantee Agency has issued guarantees in support of the construction, ownership and operation of two solar photovoltaic power plants in South...

News
06 May 2020
in
Metals and Mining, Renewables

Gran Colombia to invest in 11.2MW Suarez solar project

Toronto-headquartered Gran Colombia Gold has signed a letter of intent with Renergetica Colombia to acquire, through its Segovia Operations, a solar project with a total...

Perspective
06 May 2020

The Proximo Weekly Digest - Bullish in a china shop

Interest in project private credit risk insurance is on the up in the wake of Covid-19 – and insurers seem keen to respond.

News
05 May 2020
in
Metals and Mining

Minera IRL to resume Cofide talks after quarantine

Peruvian mining company Minera IRL expects advanced negotiations with state-owned bank Corporacion Financiera de Desarrollo (Cofide) to resume when the COVID-19...

News
05 May 2020
in
Metals and Mining

PwC to assist Tanzanian Gold project financing for Buckreef mine

Tanzanian Gold Corp has engaged PricewaterhouseCoopers to assist in securing project financing for construction of two gold mining projects at Buckreef, Tanzania.The...

News
05 May 2020
in
Metals and Mining

Cora appoints Digby Wells to conduct Esia for Sanankoro project

West Africa-focused Cora Gold has appointed international environmental consultants Digby Wells Environmental to undertake the environmental- and social-impact assessment...

News
04 May 2020
in
Metals and Mining

Barrick welcomes court decision over Papua New Guinea gold mine

Toronto-headquartered Barrick Gold Corp has welcomed a court ruling ordering the Papua New Guinea government to negotiate over a lease extension for the Porgera gold...

News
01 May 2020
in
Metals and Mining

Zijin warns PNG over end of Porgera gold mine lease

China’s Zijin Mining has warned Papua New Guinea that its failure to renew the lease of a gold mine it jointly owns with Barrick Gold Corp there could damage...

News
28 April 2020
in
Metals and Mining

€100m NIB loan finances Boliden’s expansion investments in Sweden and Finland

The Nordic Investment Bank and the Swedish mining and smelting company Boliden have signed a €100 million loan deal to finance investments at a mine and smelter.The...

News
28 April 2020
in
Power, Renewables, Transport

John MacWilliams joins Apollo

Apollo Global Management (APO) has hired renewable energy veteran John MacWilliams as an Operating Partner to focus on the firm’s infrastructure and natural...

News
28 April 2020
in
Metals and Mining

PNG declines licence extension for Porgera gold mine

Papua New Guinea’s government has declined to extend  Barrick Niugini’s mining lease and will take over the Porgera gold mine in Enga Province....

News
27 April 2020
in
Metals and Mining

Silvercorp Metals to buy Guyana Goldfields

Canada's Silvercorp Metals is acquiring mid-tier gold producer Guyana Goldfields, which runs the Aurora gold mine in the South American country, in a C$105 million...

Perspective
22 April 2020

Can DFIs stretch to combating Covid-19 and climate change?

Development banks have been at the forefront of dealing with climate change. Now they’re in the front line of the Covid-19 response. Will the development finance...

News
22 April 2020

IADB launches its largest sustainable development bond

The Inter-American Development Bank has priced a new $4.25 billion three-year sustainable development bond global benchmark.  Joint lead managers were Barclays,...

News
20 April 2020
in
Oil & gas

Pieridae delays Nova Scotia LNG export plant decision due to COVID-19

Canada's Pieridae Energy is delaying a decision to build the Goldboro liquefied natural gas export plant in Nova Scotia until after 30 September as efforts to curb...

News
16 April 2020
in
Metals and Mining

Thor Explorations seals full funding for Segilola Gold Project

Canada-based Thor Explorations has executed its definitive documents with the Africa Finance Corporation to reach full funding of the Segilola Gold Project in Nigeria.The...

News
15 April 2020
in
Metals and Mining

Orezone Gold receives environmental approval for Bombore project

Vancouver-headquartered Orezone Gold Corporation has announced that the Environmental and Social Impact Assessment approval for the Phase II Expansion at its Bombore Gold...

News
15 April 2020
in
Metals and Mining

Barrick to invest $10m in Precipitate Gold

Toronto-headquartered Barrick Gold has signed an earn-in agreement with Precipitate Gold that gives it the right to earn a 70% stake in the junior’s Pueblo Grande...

News
09 April 2020
in
Telecoms and Communications

Macquarie consortium closes Airtrunk stake acquisition

A consortium led by Macquarie Asia Infrastructure Fund 2 (MAIF2) has reached financial close on the acquisition of an 88% stake in hyperscale data centre platform...

News
09 April 2020
in
Metals and Mining

Centerra turns down Premier Gold’s $205m Greenstone offer

Canada's Centerra has turned down an offer from Premier Gold to buy its 50% interest in the Greenstone Gold Mines Partnership for about $205...