Banro announces US$98.75 million financing with Resource FinanceWorks
Includes a a gold streaming transaction relating to the Twangiza mine.
Latest Stories
Trucking companies report shortage of drivers
Industry leaders predict they'll need to hire 890,000 drivers over the next decade to keep up with growth and replace retirees.
Rapier Gold Inc. announces additional $495,000 private placement
The Company intends to use the net proceeds of the Offering for expenditures on the Company's Pen Gold Project, located 75 km south west of Timmins, Ontario.
Dominion Diamond shareholders revolt, call for changes
Investors have publicly called on the company’s independent directors to deal with the “misguided policies and missed opportunities” that have hurt their investment.
Gold on track to record third-straight annual loss
With prices down roughly 10%, the precious metal is on track to record its third-straight annual loss, the first time it has posted a triple-loss streak since 1998.
China won’t approve new coal mines until 2019
The decision, part of a series tough measures, seeks to cut both oversupply and a worsening pollution crisis in the country.
Millions of people being contaminated with toxic mercury used in mines
The largely unregulated use of mercury has created a major worldwide environmental hazard.
$10 trillion investment needed to avoid massive oil price spike says OPEC
OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world’s energy needs.
Australian uranium in demand as China goes full steam for nuclear
The global outlook for uranium looks bright, with Asia's burgeoning nuclear energy industry fuelling demand for the radioactive metal.
