The Asian Development Bank (ADB) has signed an $11.5 million loan agreement with Baikonyr Solar LLP for the expansion of solar power in Kazakhstan. The scope of work includes the design, construction, commissioning, operation, and maintenance of a 50 MW solar power project with grid integration. The solar project is expected to generate 73 GWh ... ADB to Provide $11.5 Million for 50 MW of Solar Projects in Kazakhstan
MINEX Forum | March 11, 2019 The Asian Development Bank (ADB) has signed an $11.5 million loan agreement with Baikonyr Solar LLP for the expansion of solar power in Kazakhstan. The scope of work includes the design, construction, commissioning, operation, and maintenance of a 50 MW solar power project with grid integration. The solar project is expected to generate 73 GWh ... 
Russian miner Nordgold (LON:NORD) has received a fresh 15-year mining permit for its Lefa mine in Guinea, where it plans to invest more than $360 million to continue developing the asset, one of the country’s largest gold producing mines. The new licence, effective from March 21, is valid until 2034, in line with Lefa’s current ... 
U.S. President Donald Trump’s administration lifted sanctions on the core empire of Russian tycoon Oleg Deripaska, including aluminium giant Rusal and its parent En+ . * U.S. lifted sanctions on Rusal, En+ on Sunday * Rusal shares up 9 percent in Hong Kong * London aluminium prices down as much as 1.4 percent * Russian ... 
Erdene Resource Development Corp announce the results of an independent Preliminary Economic Assessment study for its 100%-owned Khundii Gold Project in southwest Mongolia. The PEA was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects by RPMGlobal Asia Ltd. The PEA envisions a high-grade, open-pit mine beginning at the Bayan Khundii ... 
An Indian-driven gold mining project in Siberia has been hailed at the BRICS Summit here as the first practical implementation of the objectives of the grouping comprising Brazil, Russia, India, China and South Africa. The Kluchevskoye Gold Mining Project, initiated by India’s SUN Gold Ltd, is being seen as the first-ever industrial public-private partnership investment ... 
It’s lean times out there for those of us whose compulsion for penny dreadful mining stocks borders on obsession. A friend recently wondered aloud if it was possible to sue a company he buried himself in on the way down for emotional distress and trauma. Not for a material misstatement or fraud, but just because ... 
Tocantinzinho, Brazil The mining concession, which permits mining and commercial production at the Tocantinzinho project, was issued on May 18, 2018 by the federal branch of the Brazilian Ministry of Mines. This permit, in addition to the Environmental Construction Licenses, issued by the Environmental Agency of the State of Para, completes the permits required for ... 
Iran says Russia has announced readiness to invest in its mining industry in what could be a clear defiance to US President Donald Trump’s agenda to bar investments in the economy of the Islamic Republic. Mehdi Karbasian, the chairman of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), was quoted by the ... 
Mongolia and Kazakhstan agreed on setting up a gold refinery plant during the 7th Mongolia-Kazakhstan Intergovernmental Commission’s meeting, Mongolian Minister of Mining and Heavy Industry D.Sumiyabazar said. Minister Sumiyabazar met Deputy Minister for Investments and Development of Kazakhstan Arystan Kabikenov on March 30. At the meeting they established a memorandum of cooperation in fields of ... 
Kazakhstan Potash Corp Ltd (ASX:KPC) is expanding its portfolio beyond potash in Kazakhstan to include a lithium-tantalum-tin project in the Democratic Republic of Congo. KPC has entered into an agreement to acquire 60% of Société MCC Resource SARL (MCC), which holds the prospecting licence. The 88 square kilometre prospect is in the world-class lithium-tantalum-tin pegmatite ... 
Russia has opened its uranium mining industry to foreign investment with an agreement signed yesterday between the Russia-China Investment Fund for Regional Development (RCIF), ARMZ Uranium Holding, and Priargunsky Industrial Mining and Chemical Union (PIMCU). ARMZ and PIMCU are subsidiaries of Russian state nuclear corporation Rosatom. The three parties to the agreement will work on ... 
London-listed Georgian Mining and its joint venture (JV) partner Caucasian Mining have agreed on terms for the development of the Kvemo Bolnisi (KB) copper/gold project, in the Tehtyan Belt in Georgia. The parties have settled on funding the JV company, Georgian Copper and Gold (GCG), on a 50:50 basis, Georgian said in a statement on Thursday. In terms of a 2015 agreement, Georgian had to contribute $6-million towards ...