AngloGold Ashanti Limited announces that it has entered into a US$1 billion term loan facility agreement with Standard Chartered Bank to refinance its convertible bond.
The Term Facility is available to be drawn during February 2009 for the purpose of repaying the US$1 billion convertible bond due on 27 February 2009 issued by AngloGold Ashanti [...]

Anooraq Resources Corporation announced that the Company and its controlling shareholder, the Pelawan Trust, are in advanced negotiations for the conclusion of a financing for the Company, in light of the current downturn in international equity markets.
The successful conclusion of these negotiations will result in Pelawan completing the unconditional exercise of all of the Pelawan [...]

With prices for key commodities at record highs, Indonesia — Southeast Asia’s biggest economy and a key exporter — should, at first glance, be enjoying good times.
But with high oil prices leading to a government fuel subsidy blowout and rising food prices hitting the poor, analysts say most Indonesians are being squeezed.
Indonesia is the world’s [...]

Arab Petroleum Investments Corporation (APICORP) is pleased to announce that it signed on Thursday 17th May 2007 a new USD 400,000,000/- five years Syndicated Term Loan Facility in the Kingdom of Bahrain. The Mandated Lead Arrangers for this facility were as follows: Arab Bank plc, Arab Banking Corporation (B.S.C.), Bank of Tokyo Mitsubishi UFJ, Ltd., [...]

Addax Petroleum Corporation (”Addax Petroleum” or the “Corporation”) (TSX: AXC) announces today the successful syndication of its previously announced 5-year senior secured reducing revolving debt facility. Due to the high level of interest from participating financial institutions and continuing growth of Addax Petroleum, the facility size was increased from US$1.5 billion to US$1.6 billion. The [...]

Corn prices have hit their highest levels in more than a decade, fueled by US government pressure for higher production of ethanol as an alternative power source for cars.
A falling surplus of US corn, along with robust demand for the commodity in China’s fast-growing economy, have driven corn futures up by nearly double over the [...]

Around 300 people consisting of officers and staff of the Brunei Shell Petroleum (BSP) attended a Financial Planning roadshow organised by Tabung Amanah Pekerja (TAP) at the multipurpose hall of Shell Recreation Club yesterday.
The roadshow was the first to be conducted for private sector workers, and was launched by Awang Yusof bin Hj Abdul Rahman, [...]

As foreshadowed here on Mineweb on November 22nd, Tiomin Resources Inc. (TSX: TIO) announced yesterday that construction of its Kwale mineral sands project in the east African country of Kenya has been delayed to allow the Kenyan government resolve land wrangles with resident farmers, provide access to the project site and fulfill remaining conditions required [...]

AIM listed, London based, junior mining company, European Nickel, which recently signed an agreement with Greece’s Larco to deliver 200,000 tonnes of ore from its Caldag mine in Turkey to the latter’s ferro-nickel smelter at Larymna in Greece, is now reported to have secured a US$175 million bank loan arranged by Standard Bank, Standard Chartered [...]

The Tangguh gas field in Indonesia’s eastern province of Papua is expected to resume production and delivery by the end of 2008, following the Tuesday’s signing of a 2.5 billion U.S. dollars loan, a senior official said.
Tangguh has proven reserves of 14.4 trillion cubic feet of gas and estimated total reserves of 23.7 trillion cubic [...]