LONDON: Jangada Mines plc announced Monday it has signed non-binding heads of terms to acquire an initial 33.3% stake in MTGOLD MINERAÇÃO LTDA, owner of Brazil’s Paranaíta Gold Project, with an option to increase its interest to 50.1% and secure management rights. The Paranaíta project is located in the historically productive Alta Floresta–Juruena Gold Province…
LONDON: Oscillate PLC announced Wednesday it has signed a non-binding Heads of Terms agreement with Kalahari Copper Ltd. to acquire a suite of copper and silver exploration licences in Botswana’s Kalahari Copper Belt, marking a significant step in the company’s strategic metals expansion. The proposed acquisition, to be finalized through a share purchase agreement, would…
PERTH: Santa Fe Minerals Ltd. said Thursday it has entered into binding agreements to acquire the Eburnea Gold Project in Côte d’Ivoire from Turaco Gold Ltd., marking a strategic move into West Africa’s gold-rich terrain. The acquisition comprises two tenements: the granted Satama Permit (PR544), where Santa Fe will hold 100%, and the Bouake North…
LONDON: Baker Steel Resources Trust Ltd. said Wednesday that it expects to receive approximately $5.16 million in cash in the third quarter, following the divestment of a key royalty interest in a Russian silver project. The company announced that PAL, in which it holds a 49.99% interest, has signed a binding agreement to sell its…
LONDON: KEFI Minerals has welcomed the approval by the Saudi Arabian Cabinet in June 2020 of a new Mining Investment Law, which is aimed at boosting the country’s mining industry and is part of Saudi Arabia’s plan to diversify its economy away from hydrocarbons. The Company also welcomes the expanded role of the Saudi Investment…