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09 May 2024
in
Metals and Mining

Ganfeng to acquire Leo Lithium’s Mali project stake for $342.7m

Ganfeng Lithium will acquire its partner Leo Lithium’s remaining 40% stake in the Goulamina lithium mine in Mali for $342.7 million.This acquisition includes a...

09 May 2024
in
Metals and Mining

West Red Lake raises C$30m for Madsen project

West Red Lake, the owner of the Madsen gold mine in Ontario, has announced a C$30 million (almost $22 million) bought deal public offering of units.The TSX-V-listed firm...

08 May 2024
in
Oil & gas

Rhino signs farm-down with Azule Energy

Rhino Resources has signed a farm-down agreement with Azule Energy in relation to Block 2914A (PEL 85) in the offshore Namibian Orange basin. The deal gives Azule a 42.5%...

08 May 2024
in
Infrastructure, Renewables, Telecoms and Communications

Finance agreements signed on 3 US-Angolan infra projects

Final agreements for three US Ex-Im-supported Angolan projects under President Biden’s flagship Partnership for Global Infrastructure and Investment (PGII) have...

08 May 2024
in
Renewables

REC turns to ECA and DFIs ahead of rise in demand for loans

India's state-run REC is planning to tap overseas ECAs and DFIs for funds as it prepares itself for a jump in demand for loans from all segments of the power industry...

08 May 2024

UKEF supports Trimline's growth funding

UKEF has helped specialist interior outfitter Trimline to secure a £1 million financing package supporting its work refurbishing cruise ships and ferries around the...

08 May 2024
in
Other

Pedram Tadayon joins Mitigram as CEO

Digital trade finance group Mitigram has appointed Pedram Tadayon as CEO.Prior to joining Stockholm-headquartered Mitigram, Tadayon - who has over 25 years of experience...

08 May 2024
in
Metals and Mining

Ramaco Resources increases revolver

US-based Ramaco Resources says its principal bank lender, KeyBank, has amended the company's existing revolving credit facility to increase the overall commitments to...

08 May 2024
in
Oil & gas

ADNOC, EnBW seal Ruwais LNG supply deal

ADNOC has signed a heads of agreement with Germany’s EnBW to supply the latter with LNG from its planned LNG terminal in Al Ruwais.EnBW will buy 0.6 million metric...

08 May 2024
in
Renewables

EBRD mulls Bulgarian merchant solar project loan

The EBRD is considering providing a €50 million ($53.8 million) senior secured loan to Tenevo Solar Technologies to partially finance a €161.7 million 238MWp PV...

08 May 2024
in
Oil & gas

Adani to borrow $600m for gas unit

Adani is in the process of seeking an offshore loan worth approximately $600 million. The purpose of this loan is to refinance existing debt and improve the...

08 May 2024
in
Renewables

responsAbility invests up to $35m in AMPIN

responsAbility will invest up to $35 million in Indian renewable energy transition company AMPIN Energy Transition. The deal is part of its broader $500 million climate...

08 May 2024
in
Metals and Mining

De Grey launches equity raising for A$600m

De Grey Mining has launched a fully underwritten equity raising for A$600 million ($306.3 million). The equity raising includes a prorata accelerated non-renounceable...

08 May 2024
in
Metals and Mining

Bushveld to sell Vanchem unit to ease financial woes

Bushveld Minerals will sell its Vanchem processing plant in South Africa to Southern Point Resources Fund for up to $40.6 million in a bid to ease financial concerns. The...

08 May 2024
in
Agri/Soft Commodities

Olam Agri tops LDC bid once again for Namoi

Olam Agri increased its off-market takeover offer for Namoi Cotton to A$144.9 million ($95.49 million), a day after rival bidder Louis Dreyfus Company valued the...

08 May 2024
in
Oil & gas

Gunvor and LNEnergy seal LNG supply deal

Gunvor has entered into a non-binding agreement with LNEnergy to procure LNG from their proposed facility in Italy. Gunvor will purchase approximately 44,000 metric...

08 May 2024
in
Chemicals/Petrochemicals

Shell to sell Singapore refinery, petchem assets to Chandra Asri and Glencore

Shell is selling its refinery and petrochemical assets in Singapore to a JV between Indonesian chemicals firm Chandra Asri and Glencore.It was reported last August that...

08 May 2024
in
Oil & gas

Saturn Oil & Gas acquires two oil assets in Saskatchewan

Saturn Oil & Gas has entered into a definitive purchase agreement for the acquisition of Battrum and Flat Lake oil-weighted asset packages in southern Saskatchewan....

08 May 2024
in
Other

Nium, Emirates NBD partner on cross-border payments

Nium has entered into a partnership with Emirates NBD aimed at providing customers with a global payments solution.Pending regulatory approvals, the partnership aims to...

08 May 2024
in
Metals and Mining

Panthera restructures ownership interests in Mali and Nigerian gold projects

Panthera Resources has entered into definitive agreements with DFR Gold and Maniger to restructure the ownership interests in the Kalaka gold project in Mali and the...