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TerraCom Set to Secure Funding to Advance Baruun Noyon Uul Coal Mine, Mongolia
January 5, 2016
TerraCom has advanced two debt restructuring options during a balance sheet recalibration process expected to secure funding as the company’s Baruun Noyon Uul (BNU) project aims to become one of the largest and highest quality coking coal producers in Mongolia.
India Coal Consumption to Buck the Trend
January 5, 2016
Amid all of the talk that wind and solar will fuel the world, India still has 300 million people still don’t have any electricity to begin with. While India aims to increase its solar and wind power generation, to support
Banro Secures US$98.75 Million for Growth Objectives at Twangiza Gold Mine, DRC
January 4, 2016
Banro Corporation has signed definitive agreements with Resource FinanceWorks Limited (RFW) and with funds managed by Gramercy Funds Management LLC for an equity private placement, a term loan facility, and a gold streaming transaction relating to the Twangiza mine, providing
Aberdeen Acquires Diabillios Lithium-Potash Project for CDN$5 Million, Argentina
January 4, 2016
Aberdeen International Inc. has closed the share purchase agreement with Rodinia Lithium Inc. to purchase all of the shares of Potasio y Litio de Argentina SA. (PLASA), which holds the Diablillos lithium-potash project in Argentina. Aberdeen will make aggregate payments
Columbus Commences Study to Connect Montagne d’Or Gold Project to National Power Grid, French Guiana
January 4, 2016
Columbus Gold Corporation intends to engage Tractebel Engineering to complete a study on potentially connecting Columbus Gold’s 100 percent owned Montagne d’Or Gold Project located in French Guiana to the national power grid. The power study is part of the
