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Consortium For Gold Field Mining Development in Azerbaijan Plans To Start Gold Mine Production in Half Year
The consortiums for gold field development in Azerbaijan are planning to launch gold production in half a year.
Mining Company Finance and Bussiness Expanded : Econergy International Considering to Business Private
Vincent Tchenguiz, the property entrepreneur, helped to lift the distressed share price of Econergy International, the developer of renewable power projects, up 5½p to 29p, by saying that he was considering taking the business private. It floated at 100p two years ago.
He also said that he might sell his 18 per cent stake, held through [...]
Anglo Asian Mining : Agreement Credit Facility from International Bank of Azerbaijan
hares in Anglo Asian Mining rallied after the International Bank of Azerbaijan agreed to an unsecured $5m credit facility for the group’s Gedabek copper and gold project in Western Azerbaijan.
The credit facility will be available on 1 October. It is repayable after three years and carries an interest rate of up to 15%.
“The IBA [...]
