Canadian miner Eldorado Gold has announced the completion of two key growth projects at assets in Canada and Turkey, in an update to its investors on the TSX and NYSE. At the Lamaque mine in Val d’Or, Québec, the firm has finished the Triangle-Sigma decline, which...
A consortium led by Siemens AG (FWB:SIE) will develop a US$1 billion wind power project in Turkey after it won the tender for the 1,000MW power plant and wind turbines. The Siemens consortium, which includes Turkey's Kalyon and Turkerler, submitted a bid of $3.48 cents per...
Centerra Gold (TSX:CG) has secured US$150 million in project financing for its Öksüt Project in Turkey. The Canadian gold miner’s wholly-owned subsidiary, Öksüt Madencilik Sanayi ve Ticaret (OMAS), has entered a 5.75-year term facility for the loan from UniCredit Bank. OMAS will use the funding...