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News
11 June 2024
in
Metals and Mining

Critical Metals to buy controlling stake in Greenland REE mine

Critical Metals has signed a binding heads of agreement to acquire a controlling interest in the Tanbreez rare earth mine, in Greenland, from a company controlled by...

News
11 June 2024
in
Metals and Mining

Rio Tinto buys Mitsubishi’s stake in Boyne aluminium smelter

Rio Tinto has agreed to acquire Mitsubishi Corporation’s 11.65% interest in Boyne Smelters (BSL), which owns and operates the Boyne Island aluminium smelter in...

News
10 June 2024
in
Infrastructure

Kexim mulls funds for Puerto Princesa airport expansion

The Export-Import Bank of Korea is considering providing financing for the expansion of the Puerto Princesa International Airport in the Philippines.The expansion is seen...

News
10 June 2024
in
Renewables

TotalEnergies and Air Products pen green hydrogen supply deal

TotalEnergies and Air Products have signed a 15-year agreement for the annual supply in Europe of 70,000 tonnes of green hydrogen starting in 2030. This first...

News
10 June 2024
in
Metals and Mining

Blencowe signs first offtake MoU for Orom-Cross graphite

Blencowe Resources has signed its first nonbinding MoU for natural large flake concentrate offtake from the Orom-Cross graphite project, in Uganda.Under the terms of the...

News
10 June 2024
in
Renewables

Engelhart to acquire Trailstone

Engelhart Commodities Trading Partners has agreed terms to acquire Trailstone, a global energy and technology company, from Riverstone.Trailstone is a renewable energy...

News
10 June 2024
in
Other

Afreximbank supports Fidelity's acquisition of Union Bank UK

Afreximbank has disbursed a $40 million Intra-African Investment Facility to Fidelity Bank Nigeria to support Fidelity’s acquisition and recapitalization of Union...

News
10 June 2024
in
Oil & gas

Saudis said to hand about 60% of Aramco offer to foreigners

Foreign investors were allocated about 60% of the shares on offer in Saudi Aramco’s $11.2 billion stock sale, people familiar with the matter said, marking a...

News
10 June 2024
in
Metals and Mining

Zambia sees KoBold spending $2.3bn on copper mine

KoBold Metals, the Bill Gates-backed mining exploration company, could spend $2.3 billion to build a major new copper mine in Zambia, President Hakainde Hichilema...

News
10 June 2024
in
Metals and Mining

Mimosa suspends North Hill project

Mimosa Mining Company has put its $134 million North Hill project in Zinbabwe on hold due to a challenging operational environment, characterised by declining global...

News
10 June 2024
in
Metals and Mining

Nevada Copper fears shutdown without immediate funding

Nevada Copper has “significantly scaled down operations” at its Pumpkin Hollow mine after failing to secure necessary funding and fears that the business may...

News
10 June 2024
in
Oil & gas

New Zealand to introduce bill to reverse oil and gas exploration ban

New Zealand's government plans to introduce legislation to remove a controversial ban on offshore petroleum exploration to attract investment to the country's oil...

News
10 June 2024
in
Oil & gas

Egypt to issue tender for at least 15 LNG cargoes

Egypt plans to issue a buy tender seeking 15-20 cargoes of LNG to cover heavy summer demand that had led to a wave of rolling blackouts and forced temporary shutdowns of...

News
10 June 2024
in
Oil & gas

TC Energy shareholders approve spinoff

TC Energy's shareholders have voted in favour of spinning off the company's crude oil pipelines business.Shareholders at the Calgary-based company's annual...

News
10 June 2024
in
Metals and Mining

Panthera further restructures Mali JV agreements

Panthera Resources has further restructured the JV agreements with Golden Spear Mali over the Kalaka and Bassala gold projects, in Mali.Under the new deals,...

News
07 June 2024
in
Renewables

RBM signs PPA with Khangela Emoyeni wind farm

Richards Bay Minerals (RBM) has signed a PPA with Khangela Emoyeni Wind Farm to secure 140MW from a new wind farm in the Western and Northern Cape Province. Parties...

News
07 June 2024
in
Renewables

Mercury NZ wind farm extension to add 155MW

Mercury NZ will proceed with an expansion of the Kaiwera Downs wind farm following the recent supply agreement with Rio Tinto-owned New Zealand Aluminium Smelters.Mercury...

News
07 June 2024
in
Infrastructure

Uganda secures $500m infrastructure funding from Kexim

The Export-Import Bank of Korea will provide $500 million to South Korea to finance infrastructure projects.The funding will be used for road, energy, and other...

News
07 June 2024
in
Metals and Mining

B2Gold receives $90m in royalties divestment deal

B2Gold has entered into a purchase and sale agreement to sell a portfolio of ten precious and base metals royalties to Sandbox Royalties. Sandbox has subsequently been...

News
07 June 2024
in
Transport

Finnvera supports Tyovene's vessel deal to Scotland

Finnish shipbuilder Uudenkaupungin Tyovene has secured an order for three hybrid-ready SWATH (Small Waterplane Area Twin Hull) crew transfer vessels from Scotland's...