NEWS — Click on text to read news by category: General | Product | People | Worldwide
De Beers Sells 50% Stake in Morupule Coal Mine, Botswana
June 22, 2016
De Beers is set to sell its 50 percent stake in Botswana’s sole coal mine to the country’s government, as part of parent company Anglo American’s attempts to trim its commodities portfolio, according to a report on Reuters. De Beers
CPFL Energia to Acquire AES’ Brazil Utilities AES Sul for $464 Million
June 21, 2016
The AES Corporation has entered into an agreement to sell its 100 percent equity interest in AES Sul, one of its utilities in Brazil, to CPFL Energia S.A. for BRL1,698 million (equivalent to $464 million at the expected BRL/USD conversion
Kinross Gold Temporarily Suspends Mining and Processing Operations at Tasiast Mine, Mauritania
June 21, 2016
Kinross Gold has temporarily suspended mining and processing operations at its Tasiast mine in Mauritania. As a result of the Mauritanian Ministry of Labor’s decision on June 17, 2016 to prohibit certain expatriate employees from working at site due to
Glen Eagle’s Cobra Oro Exports Its First Shipment of Precious Metal to U.S. Market
June 21, 2016
Glen Eagle Resources Inc. has shipped its first shipment of precious metal to NTR Metals in Miami C$185,000 in gold and silver from Cobra Oro. Previous sales by Cobra Oro were done locally through a third party. To finalize the
CKR Carbon Begins Bulk Sampling Program at Aukam Graphite Project, Namibia
June 20, 2016
CKR Carbon Corporation has begun bulk sampling of graphitic material from the dumps at the Aukam graphite project in southern Namibia. Site construction, including quarters for 30 workers and building and installation of a screen, has been completed on schedule
Alacer Gold Secures $350 Million Project Finance Facility for Turkey Operations
June 20, 2016
Alacer Gold Corp. has signed the $350 million senior secured project finance facility with BNP Paribas (Suisse) SA, ING Bank A.S., Societe Generale Corporate & Investment Banking and UniCredit Bank Austria AG. As part of the continuing de-risking efforts, the
Lundin Gold Submits Application to Advance the Fruta Del Norte Project, Ecuador
June 20, 2016
Lundin Gold Inc.‘s wholly owned subsidiary in Ecuador, Aurelian Ecuador S.A., has submitted a phase change application (PCA) to the Government of Ecuador in respect of its 100 percent owned La Zarza concession, which is host to the Fruta del
Petropavlovsk to Acquire Russia’s Alliance Mining Group and Lexor Group, Amur Zoloto Mine
June 17, 2016
Russian gold miner Petropavlovsk PLC is mulling the purchase of the gold assets in Kamchatka of Renova, its largest shareholder. As previously announced, Petropavlovsk has entered into an agreement with Russia’s Alliance Mining Group and Lexor Group to acquire Amur
Lundin Gold Secures $18 Million to Initiate Work at Fruta del Norte Project, Eduador
June 17, 2016
Lundin Gold Inc. has secured an $18 million credit facility to initiate work at its Fruta del Norte project. The proceeds from the facility will be used for general corporate purposes and to allow the company to initiate work which
Dubai Electricity Signs Power Purchase Agreement for Hassyan Clean Coal Power Plant
June 17, 2016
Investment in new coal generation may be on the way out in western Europe and the USA, but not, remarkably enough, in Dubai, where a consortium led by ACWA Power has signed a 25 year power purchase agreement (PPA) with
Page 319 of 373 pages ‹ First < 317 318 319 320 321 > Last ›
