Carl Morris

1 week ago | txfnews.com | Carl Morris

In: Metals and Mining Region: Middle East & Africa EBRD is providing a loan of up to $25 million to Aya Gold & Silver to support the company’s exploration programme at the Boumadine mine in the Draa-Tafilalet region of southern Morocco.The Boumadine polymetallic mine is emerging as one of the most important in Morocco and North Africa. It... Exclusive subscriber content… If you are a TXF subscriber, please login to continue reading Login Not yet a subscriber? Join us today to continue...

1 week ago | txfnews.com | Carl Morris

In: Metals and Mining Galan Lithium has secured a binding commitment for A$20 million ($12.9 million) from existing shareholder, The Clean Elements Fund, to provide the final construction funding for its lithium project in Argentina. At A$0.11 a share, the placement price represents a 21% premium to the last closing...

1 week ago | txfnews.com | Carl Morris

Region: Middle East & Africa Algeria has awarded five of the six exploration blocks offered under its 2024 hydrocarbons licensing round.A total of seven bids were received for the 'Algeria Bid Round 2024,' which was the first conducted under Algeria’s new hydrocarbon law No. 19-13, designed to enhance investment...

1 week ago | txfnews.com | Carl Morris

Orlen has received PLN1.7 billion (about $455 million) in non-repayable funding under the National Recovery Plan to advance its hydrogen energy projects. The grant support will be used to produce renewable hydrogen via electrolysis powered by renewable energy sources, as well as low-emission... Exclusive subscriber content… If you are a TXF subscriber, please login to continue reading Login Not yet a subscriber?

1 week ago | txfnews.com | Carl Morris

Region: Middle East & Africa Texan oil and natural gas exploration and production company Ring Energy has announced that the borrowing base was affirmed at $585 million under its $1 billion senior secured credit facility. In addition, the credit facility term was extended to June 2029, and Bank of America was named as new...