The global mining community coalesced in Cape Town for the Mining Indaba’s final day, with all those in attendance imbued with a new level of confidence in the industry after another successful year of networking. Here is a selection of highlights from day four. Nigerian entrepreneur...
BNP Paribas, France’s largest listed bank, has announced that it will no longer do business with companies working in shale oil or gas and it transitions to supporting renewable energy projects. The bank will stop working with and financing any companies or projects whose principal business...
UK solar projects have seen £11 billion of investment since 2013 and activity will continue to rise, according to the latest research. The UK Renewable Energy Finance 2016 report from Clean Energy Pipeline and TLT demonstrated a 14 per cent increase in tracked solar deals...
Victoria Gold Corp (TSX:VIT) has announced a C$24 million investment by Electrum Strategic Opportunities and Sun Valley Gold. The Canadian gold miner intends to issue 80,000,000 shares at $0.30 per share with Electrum Strategic agreeing to buy 60,000,000 and Sun Valley subscribing for 20,000,000. The...
Nogaholding, the investment and business development arm of Bahrain’s National Oil and Gas Authority (NOGA), has signed a US$570 million deal to support large scale oil and gas projects in Bahrain. The five year, multi-bank Murabha facility is Nogaholding’s first move into the syndicated credit markets...
SolarCity (NASDAQ:SCTY) has announced it has secured US$131 million to fund residential, commercial and military solar projects. The fund will cover the capital cost of solar system equipment and installation making it possible for solar energy to be cheaper for homeowners than electricity from the grid. The...