Mining Indaba Schedule

New project manager, added funding for Dutwa

London- and Johannesburg-listed African Eagle Resources appointed project manager Aidan Schoonbee to lead the development of its flagship Dutwa nickel project, in Tanzania. Schoonbee, who starts February 1, would oversee the completion of the...

Company Announcement: Helio agrees to private placement financing with IFC

Helio Resource Corp. is pleased to announce that it has reached agreement with IFC, a member of the World Bank Group, whereby IFC will enter into a private placement equity subscription agreement with the Company.

Finance group enters solar feasibility

Finance group International Finance Corporation (IFC), the member of the World Bank Group that is focused on the private sector, is currently developing a renewable energy initiative aimed at mitigating climate change and supplying sustainable...

Company Announcement: World Bank President to Tour Africa

Attached please find a press release on: World Bank Group President Robert B. Zoellick on Tuesday starts an eight-day, three-nation Africa visit to help focus the attention of African governments, development partners and private investors on...

World Bank to back DRC’s planned special economic zone

The Investment Climate Advisory Services division of the World Bank Group (WBG) has agreed to support the Democratic Republic of Congo’s planned special economic zone (SEZ) aimed at encouraging investment and employment opportunities.

Phase one of coal project nearing finalisation

Publicly traded energy company CIC Energy is close to finalising the plans for the coal and associated power station elements of phase one of its Mmamabula energy project.

Company Announcement: Africo Resources Announces C$4.0 million IFC Private Equity Placement

Attached please find a press release on: Africo Resources Ltd. is pleased to announce that it has concluded a financing arrangement with the IFC (International Finance Corporation), a member of the World Bank Group, to support the development of...

Company Announcement: IFC Increases Investment in Guinean Iron Ore Project to Support Sustainable

Attached please find a press release on: — IFC, a member of the World Bank Group, is increasing its investment in Rio Tinto’s Simandou iron ore project in Guinea to continue funding exploration and feasibility studies and to support...

Africo Resources gets IFC help to fund DRC copper-cobalt mine

Canadian resources firm Africo Resources has agreed to a financing proposal from the International Finance Corporation (IFC), the private sector arm of the World Bank Group, to support the development of the company’s Kalukundi project, in...

IFC, Newmont agree to support SMEs in Ghana

The private sector arm of the World Bank Group, the International Finance Corporation (IFC) on Friday signed a linkages cooperation agreement with gold-producer Newmont Ghana Gold to collaborate on supporting small and medium sized enterprises...

Global finance body backs sustainable mine development

The private sector arm of the World Bank Group, the International Finance Corporation (IFC), has bought a 5% stake in Rio Tinto’s Simandou iron ore project in Guinea.