ACHEMA MIDDLE EAST

GOLD

Ora Banda obtains financing for Australian gold project

Ora Banda Mining (OBM) has secured non-dilutive debt and royalty funding of $12.74m to advance its Riverina underground project at the greater Davyhurst gold project in Western Australia. For the financing, the company signed an agreement with its largest shareholder,...

IAMGOLD to sell Boto Gold project and surrounding assets to Managem

IAMGOLD has announced that it has entered into definitive agreements with Managem to sell, for aggregate consideration of approximately US$282 million, the company’s interests in its exploration and development projects in Senegal, Mali and Guinea. Under the terms of the...

Trillium Gold Mines Continues to Add to Its String of Acquisitions in the Red Lake Mining District

In the world of mining, it’s a well-known truism that mining companies target properties in proximity to producing mines and known deposits; that is one of Mother Nature’s more predictable lessons. And Trillium Gold Mines (TSXV:TGM; OTCQX:TGLDF); is one...

Enduro Metals concludes option to acquire Romios copper-gold project

Enduro Metals has completed the option to acquire a 100% stake in the Newmont Lake copper-gold project in British Columbia, Canada, from Romios Gold Resources. According to the letter agreement signed with Romios in September 2018, Enduro Metals agreed to...

Rogers Business deploying 5G Wireless Private Network at Kirkland Lake Golds Detour Lake Mine in Ontario

Kirkland Lake Gold Ltd and Rogers Business have announced the launch of a 5G Wireless Private Network (WPN) at Kirkland Lake Gold’s Detour Lake Mine, the second-largest gold producing mine in Canada. Detour Lake is the first of its...

Geodrill awarded underground drilling contract by Centamin for Sukari gold mine in Egypt

Geodrill Ltd, a leading West African based drilling company, has announced that it has been awarded a significant drilling contract with Centamin PLC at their Sukari Gold Mine, a low cost, bulk tonnage open pit and high grade underground...

Paramount Gold to buy Bald Peak Project from Nevada Select Royalty

Paramount Gold Nevada has agreed to acquire a 100% stake in the Bald Peak Project located in Mineral County, Nevada in the US from Nevada Select Royalty. Total consideration for the transaction is $300,000. The buyer will pay $20,000 to...

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