Deutsche Bank sells down coal mine loan to private credit funds
The German lender in recent weeks sold about $120 million — half of its exposure — to Australian and Asian credit funds.
TORONTO (miningweekly.com) – While other miners and hopefuls find themselves forced into delays and cutbacks because of funding woes and low commodity prices, Toronto-based CIC Energy is pressing ahead with plans to build a coal mine and power station at its Mmamabula project, in Botswana…..more at miningweekly.com