Mining
Discovery Investing Into Early Stage Mining Projects
Investing in the mining sector, where do you place yourself in the mining cycle? Interested in a commodity producer with stable production profile and cash flow, and with an understood risk profile, or focused on the capital intense phase when a new mine is constructed, or yet again, attracted by an exploration company that is aiming to find new mineral resources?
2 Oct 2017
Investing in the early chapter of the mining investment cycle
Andor Lips, Fund Manager, Commodity Discovery Fund, discusses investing into early-stage mining projects, and anticipating the winners in the current energy revolution
1 Oct 2017
Apurimac: Revenue Management and Mining & Agriculture
Apurimac, the second poorest region in Peru - with poverty levels of 56% and extreme poverty levels of 25% - will soon be one of the largest mining districts in the country. The region is sparsely populated and has significant needs, as basic services coverage is very limited. In this scenario, unfulfilled expectations can become a source of discontent that can potentially lead to conflict.
1 Oct 2017
Middle East Credit Markets Brief: 13 September – 27 September
GCC bonds soften on FOMC tone – Saudi Arabia pushes forward with local sukuk sales – Emaar secures syndi loan – UAE Central Bank soaks up additional liquidity – Nebras prices landmark deal – QIC pulls out of UAE amid diplomatic rift – Egypt plans more Eurobonds – Bahrain prices triple-trancher – Iran makes headway on gov’t spending transparency – Lebanon passes crucial tax reforms – OOECP, Mazoon…
27 Sept 2017
Brazil: The Urge to Spend
When the money runs out it’s never good, but there is a positive side. It guides the economic agenda to find better allocation and greater efficiency in public spending. In Brazil, we spend very poorly, both from the standpoint of economic efficiency as well as social justice.
26 Sept 2017
Africa Credit Markets Brief: 6 September – 20 September
A fortnightly review of Africa's debt capital markets, covering the latest loan, sukuk and bond deals, rating actions, policy and credit market developments. Nigeria’s Ecobank secures a 5-year USD250mn syndicated loan - South Africa picks Barlcays, Deutsche Bank, HSBC and Nedbank to arrange new Eurobond – South Africa’s Land Bank raises ZAR1bn in bond auction - Kenya plans to sell up to KES30bn…
20 Sept 2017
Latin America Credit Markets Brief: 31 August – 14 September
A fortnightly review of Latin America's debt capital markets, covering the latest loan and bond deals, rating actions, policy and credit market developments... NAFTA negotiations refocus on labour costs – Uncertainty around Mexico’s CAT bonds following quake – Mexico gets growth forecast lift – Brazil introduces secured lending, covered bond reforms – Argentina to boost borrowing from…
14 Sept 2017
Middle East Credit Markets Brief: 17 August – 31 August
Saudi Arabia auctions local sukuk – Qatar growth to slow down – Warba Bank to make its debut in the loan market – Egypt sells EUR659.9mn worth of T-bills – Qatar keeping tabs on partners spooked by boycott - Iran gets credit line from South Korea’s Exim Bank – SMC secures a USD728mn credit facility – Iraq to get a loan from France
31 Aug 2017
Latin America Credit Markets Brief: 17 August – 30 August
Britain plans to double trade with Panama and Colombia – El Puerto de Liverpool tapped the local markets with a MXN10bn dual tranche bond – BNDES to transfer funds back to the government – Vale redeems 2019 notes – Argentina to tap the international markets again – Argentina holds rates – Crystallex to seize PDVSA assets –– Chile’s outlook gets downgraded – Jamaica to tap its 2028 and 2045 notes
30 Aug 2017
Africa Credit Markets Brief: 9 August – 23 August
NDB to lend US$1.5bn to South Africa – Standard Bank of South Africa to issue its first international bond in a decade – Lagos state issued a NGN85.1bn dual-tranche bond – Kenya to float T-bills – Eximbank USA gives Cameroon a CFA26bn loan –Ghana to cut spending in 2017 – Angola gets downgraded – Gabon places a US$200mn Eurobond – Moody’s slashed Tunisia’s credit rating
23 Aug 2017