Barrick to pay $300M to settle Tanzania dispute & to launch Twiga Minerals
DAR ES SALAAM, Tanzania, Oct. 20, 2019 (GLOBE NEWSWIRE) -- The government of Tanzania (“GoT”) and Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX)...
Africa
Sibanye secures new R5bn loan facility
NYSE- and JSE-listed Sibanye-Stillwater has successfully refinanced its R6-billion revolving credit facility (RCF) that would have matured on November 15....
Former Implats head David Brown to lead Zimbabwe-Russia platinum joint venture
Great Dyke Investments is seeking US$500m from Afreximbank to fund the project Russia-Zimbabwe joint venture Great Dyke Investments (GDI) says...
AFC is considering investing $500 million in mining and smelting projects
African Finance Corp. will invest in countries disregarded by other companies as part of a plan to double its exposure...
Tharisa has right to all of $4.2bn Zimbabwe platinum mine
JOHANNESBURG - Tharisa Plc, the publicly traded South African platinum and chrome miner run by the Pouroulis family, has the...
Royal Bafokeng Platinum secures R2.1bn in cash-streaming agreement
Royal Bafokeng Platinum (RBPlat) has struck a R2.1bn deal to deliver gold to mining financier Triple Flag, the proceeds of...
Barrick Gold to sell $1.5B in assets, but open to acquisitions
Barrick’s main priority in Latin America at the moment is increasing efficiencies at Veladero, one of the largest gold mines...
Hong Kong Will Relax Mortgage Rules to Help First-Time Home Buyers
Hong Kong’s embattled chief executive Carrie Lam announced plans to help first-time home buyers break into the world’s least-affordable property...
$38 Million Solar hybrid project approved for Mali gold mine
B2Gold has approved $38 million for the implementation of one of the world’s largest off-grid solar battery hybrid systems at...
Heaven-Sent Gold Seeks $200 Million in Hong Kong IPO
Heaven-Sent Gold Group Co., owner of two South African gold mines, is planning to raise about $200 million in an...
