Surge Exploration approves a strategic reorganisation of the company’s assets, which will see the Hedge Hog and Mineral Mountain exploration projects spin off into a newly incorporated subsidiary, CuGold Corp.
Finance & business
Ascot Resources is to acquire IDM Mining Ltd to create a leading gold development and exploration company.
Anglo American plc has made a number of senior management changes linked to the company’s decision to divide the management of their global Base Metals business from their Strategy and Business Development activities.
Detour Gold Corporation appoints Bill Williams as Interim CEO following the resignation of Michael Kenyon.
On 1 January, Cobalt 27 Capital Corp. entered into a definitive scheme implementation agreement with Highlands Pacific Ltd (Highlands), through which Cobalt 27 will acquire all issued ordinary shares of Highlands.