Page 40 - Equator Principles News Today : Breaking News, Live Updates & Top Stories | Vimarsana

  GTR: Far from being a ‘nice to have’ in the good times, we know now that sustainability is increasingly integral to how businesses operate. According to a recent HSBC Navigator report, businesses that prioritised sustainability felt better prepared for the current crisis – an important factor going forward, given that environmental risks are likely to intensify. But to what extent do we now have buy-in from all parties in the trade ecosystem specifically that sustainability is good business? Sengupta: As we all know, Covid-19 has delivered a seismic shift in terms of underlining the...

  Ghana’s Atewa Range Forest, designated by the Government of Ghana as a Globally Significant Biodiversity Area, has from today made it on to the list of the world’s Alliance for Zero Extinction (AZE) sites.   This is a critical new development as Atewa Forest now becomes a “No-Go Area” for mining, strengthening its protection of the species, ecosystem services and livelihoods it supports. To achieve this reputable global conservation status, the area must contain more than 95 per cent of the entire population of one or more species listed as Endangered or Critically Endangered on t...

The Executive Director in charge of Corporate Bank at Ecobank Nigeria, Mr Kola Adeleke, has said sustainability remains an essential part of the lender’s mission and vision of building a world-class pan-African bank. The banker said this while receiving the Starsight Sustainability Award 2020 from the Head of Sales, SMEs at Starsight Energy, Ms Teme Jack, in Lagos recently. According to him, the Ecobank Group Sustainability framework is focused on four thematic areas which include Economic Transformation, Environmental Sustainability, Socially Responsible Financing and Human Capital Develo...

By Kim Hyun-bin More financial institutions are joining carbon-neutrality and anti-coal campaigns in order to help companies shift to renewable energy. Hana Financial Group, which has vowed to become carbon neutral by 2050, joined the anti-coal campaign as part of its "Next 2030 Management Principles" goal as well as supporting the government's carbon-free initiatives. The Korean government aims to become carbon neutral by 2050 to transition in a green economy and maximize the utilization of renewable energy sources. Hana Financial Group will halt investing and financing the construction of c...

Bluestone Resources Inc.: Bluestone Increases NPV of Cerro Blanco by over 275% to $907 Million and Peak Gold Production to over 300 koz per Year 7.5:1 0.78:1 277,000 ounces 231,000 ounces Mine life G&A - $2.28/tonne milled Total operating costs $570/oz Au $642/oz Au $173 M $272 M per year (years 1-4) Total production after-tax free cash flow $2.0 B IRR (after-tax) 28.5% (base case), 36% ($1,800/oz gold) *all in sustaining cash costs (net credits) = (operating costs + offsite costs + royalties + sustaining and closure capital - value of payable silver ounces) / payable gold ounces Table 2 - Ec...