X-Elio closes $40 million non-recourse financing for 58-MW solar PV project in Chile

X-Elio has closed a $40 million non-recourse financing for a 58-MW solar photovoltaic (PV) project in Chile. The loan was signed with Norwegian bank DNB, which acted as sole lead arranger and sole swap provider. Located in the commune of Maria Elena, in the North of Chile, the La Cruz solar plant will be able to generate enough power to meet the demand of 20,000 local homes and offset about 70,000 tonnes of carbon dioxide emissions.

Freehill Mining hits high-grade iron-copper-gold in at its El Dorado project in Chile

Freehill Mining reports extensive rock chip sampling and mapping at its El Dorado project in Chile has led to the discovery of three new mineralised targets. High-grade iron, copper and gold were present in the rock chip samples. The five-day mapping and sampling program was completed in July. Assays include 9.93% and 4.02% copper, 22.1 grams per tonne and 13g/t gold, and 36% and 29% iron.