by Gordon Barratt | Dec 15, 2021 | News
India’s Adani conglomerate says it is on track to be the world’s largest renewables player by 2030. The mining and energy giant on Wednesday announced the world’s largest green power purchase that it says will turbo charge energy transition and...
by Gordon Barratt | Dec 15, 2021 | News
Toronto-listed i-80 Gold has secured a $135-million financing package, with an option to potentially access an additional $100-million to develop its portfolio of advanced-stage deposits, in Nevada, US. Combined with recent equity financing, the company will have...
by Gordon Barratt | Dec 15, 2021 | News
Diversified miner South32 has refinanced its multi-currency revolving syndicated credit facility, securing $1.4-billion of commitments from lenders for a five-year term to 2026. The refinancing offers South32 with options to extend for up to a further two years by...
by Gordon Barratt | Dec 14, 2021 | News
Vale Canada, a subsidiary of Brazilian major Vale, has entered into an agreement to sell its 50% ownership in California Steel Industries to US steel group Nucor for $400-million. Vale, which became a shareholder in CSI in 1984, said on Monday that the disposal was in...
by Gordon Barratt | Dec 14, 2021 | News
Gold miner Newcrest Mining has reached an agreement with Aim- and TSX-listed Altus Strategies and privately held AlphaStream to sell sell a portfolio of 24 royalties. Newcrest will receive total cash consideration of $37.5-million from Altus and AlphaStream payable...
by Gordon Barratt | Dec 14, 2021 | News
Australia and the Republic of Korea have created a new agreement on critical minerals that will strengthen cooperation in resources and energy. The memorandum of understanding on cooperation in critical mineral supply chains comes as President Moon Jae-in visits...
