Guinea talks carbon tax on mines as it seeks $4.3 billion loans
Guinea is planning to introduce a carbon tax on mining companies as it started talks with United Arab Emirates investors to raise $4.3 billion to fund development projects.
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Visit: 262
Mining loans seen passing $1 billion at biggest Congo bank
Mining News Pro - Rawbank Sarl forecast its lending to the Democratic Republic of Congo’s mining industry will jump more than 20% to over $1 billion this year, buoyed by rising demand and strong prices for the country’s strategic minerals.
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Visit: 171
Rio Tinto ready to cut rates on loans to Mongolia for Oyu Tolgoi development
Mining News Pro - Global miner Rio Tinto is willing to cut interest rates on loans to the Mongolian government, given to fund its share of the construction costs at the Oyu Tolgoi copper/gold mine, the Financial Times reported on Monday.
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Visit: 618
Tianqi Lithium agrees extension on $3bn of loans
Mining News Pro - China’s Tianqi Lithium Corp has struck an agreement to extend the maturity dates on more than $3 billion in loans, it said, after a last-ditch asset sale was enough to persuade lenders to give the company more time to pay.
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Visit: 584
Wall Street is bending to pressure to halt Arctic-oil loans
Mining News Pro - The latest front in the war against drilling for oil in Alaska’s rugged wildlife refuge isn’t Washington.
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Visit: 561
Indonesia state miner secures loans for Vale Indonesia stake deal
Mining News Pro - Indonesia`s state mining holding company Mining Industry Indonesia has secured loans from two Japanese banks and a state bank to finance a stake acquisition from PT Vale Indonesia, a director said on Monday.
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Visit: 847
Nordic Investment Bank loans almost €100 million to Epiroc to finance mining technology R&D
Mining News Pro - The Nordic Investment Bank (NIB) has provided a SEK 1 billion (EUR 96 million) loan to the Swedish mining equipment company Epiroc to finance the company’s R&D investments in Sweden during 2018-2021.
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Visit: 1697
Canada offers C$1.5bn in loans for oil-sector liquidity
Mining News Pro - The Canadian government announced C$1.5-billion in loans for the oil and gas sector, as well as some government funding for unspecified projects, after a supply glut sank heavy crude prices to as low as $13.46 a barrel last month.
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Visit: 919
The allocation of foreign currency loans requested by the activists of the stone industry from the government
Mining News Pro - In spite of the possibility of US sanctions coming back in the coming weeks, mineral industry activists hope to continue to develop production and employment by trying to restore stability to the market and fix some problems.
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Visit: 878
Loans to Industrial, Mining Sector Up 8.3%
Mining News Agency -Banks and credit institutions provided the industrial and mining sector with 1.51 quadrillion rials ($36 billion) worth of loans in the last fiscal year`s first 11 months (March 21, 2017-Feb. 19), indicating a 8.3% rise year-on-year, statistics released by the Ministry of Industries, Mining and Trade indicate.
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Visit: 726
Canada’s Desjardins not scratching pipeline loans after all
Mining News Agency - Canada’s Desjardins, the largest association of credit unions in North America, has decided to lift a moratorium on loans for energy and pipeline projects, noting that it will weigh its clients’ environmental, social and governance practices in all future lending decisions.
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Visit: 1381