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Tag: MINING OPERATIONS

Companies

BHP Secures Stake in Cobre’s Kitlanya Projects in Botswana

March 10, 2025March 10, 2025 - by Liam Nguyen - Leave a Comment

BHP has acquired a stake in Cobre’s Kitlanya projects in Botswana, investing up to USD $25 million for copper-silver exploration. This includes a minimum of USD $5 million within two …

BHP Secures Stake in Cobre’s Kitlanya Projects in Botswana Read More
Business / Companies

Cora Gold Shares Surge 33% Following Mali’s Partial Lifting of Mining Moratorium

March 10, 2025March 10, 2025 - by Liam Nguyen - Leave a Comment

Cora Gold Ltd’s shares surged by 33% after the Malian government partially lifted a moratorium on mining permits. The lifting allows for the processing of renewals and transfers but maintains …

Cora Gold Shares Surge 33% Following Mali’s Partial Lifting of Mining Moratorium Read More
Companies

Nigeria’s EFCC Recovers Nearly $500 Million in One Year

March 10, 2025March 10, 2025 - by Marcus Chen - Leave a Comment

Nigeria’s EFCC recovered nearly $500 million linked to crime last year, achieving over 4,000 convictions, the highest since its establishment. The funds are being reinvested in government projects as the …

Nigeria’s EFCC Recovers Nearly $500 Million in One Year Read More
Companies

Gold Reserve Files Multibillion-Dollar Claim Against Venezuela

March 7, 2025March 7, 2025 - by Liam Nguyen - Leave a Comment

Gold Reserve, a Canadian mining company, has filed a claim against Venezuela for over US$7 billion while also pursuing enforcement of a previous billion-dollar arbitration award against the state. Gold …

Gold Reserve Files Multibillion-Dollar Claim Against Venezuela Read More
Business / Companies

Tanzania Concludes Settlement with Montero Mining Over Wigu Hill Project

March 6, 2025March 6, 2025 - by Allegra Nguyen - Leave a Comment

Montero Mining has received the final US$7 million payment from Tanzania, concluding a long dispute over the Wigu Hill project. The US$27 million settlement was reached out of court, reducing …

Tanzania Concludes Settlement with Montero Mining Over Wigu Hill Project Read More
Business / Companies

Nativo Resources Secures Tailing Reprocessing Opportunity in Peru

March 6, 2025March 6, 2025 - by Liam Nguyen - Leave a Comment

Nativo Resources has acquired an option to assess the Toma la Mano tailing deposit in Peru, focusing on reprocessing for environmental safety. Despite a decline in share prices post-consolidation, the …

Nativo Resources Secures Tailing Reprocessing Opportunity in Peru Read More
Business / Companies

Tanzania Completes $27 Million Settlement with Montero Mining

March 6, 2025March 6, 2025 - by Marcus Chen - Leave a Comment

Tanzania has finalized a $27 million settlement with Montero Mining regarding the Wigu Hill project. The payment was completed in installments, concluding an extensive legal dispute that began with the …

Tanzania Completes $27 Million Settlement with Montero Mining Read More
Companies

Xtract Resources Advances Exploration in Zambia’s Emerging Copper District

March 6, 2025March 6, 2025 - by Sofia Nawab - Leave a Comment

Xtract Resources has initiated a phase two exploration program in Northwest Zambia after a successful reconnaissance phase, uncovering copper anomalies. This positions the company well in an under-explored copper district, …

Xtract Resources Advances Exploration in Zambia’s Emerging Copper District Read More
Companies

Xtract Resources Begins Diamond Drilling at Silverking Project in Zambia

March 6, 2025March 6, 2025 - by Allegra Nguyen - Leave a Comment

Xtract Resources Plc has started a diamond drilling program at the Silverking project in Zambia, focusing on assessing the depth and mineralized width of the main copper pipe and other …

Xtract Resources Begins Diamond Drilling at Silverking Project in Zambia Read More
Companies

Hochschild Mining Sees 5% Share Rise Following Non-Core Asset Sale

March 5, 2025March 5, 2025 - by Sofia Nawab - Leave a Comment

Hochschild Mining shares rose 5% after selling the Arcata mine and Azuca project to Sierra Caraz. This decision aligns with the company’s strategy to concentrate on its key assets in …

Hochschild Mining Sees 5% Share Rise Following Non-Core Asset Sale Read More

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