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Finance & business

 

Thor Mining announces Pilot Mountain Project sale option

The directors of Thor Mining Plc have advised that they have entered into an option agreement with Power Metal Resources Plc to divest the Pilot Mountain Tungsten Project in Nevada, USA, for an agreed value of US$1.8 million.

 

Katanga awards Speedcast with multi-year connectivity contract

Speedcast has announced that it has been selected by Mining Company Katanga for a three-year contract to deliver satellite connectivity services to its headquarters and a major mine complex in the Democratic Republic of Congo.

 

Piedmont Lithium to fully fund IronRidge Ewoyaa Lithium Project

IronRidge Resources Ltd has announced that the conditions precedent to the execution of the binding agreement with Piedmont Lithium Inc. have now been satisfied to fully fund and fast track the company's Ewoyaa Lithium Project through to production.

 

Bastion Minerals enters agreement for San Juan Gold Mine

Bastion Minerals Ltd has entered into a binding framework agreement with Sociedad Minera del Norte to enter into an option to acquire 100% of the San Juan Gold Project and surrounding licences within the Atacama Region of Chile.

 

SunMirror to acquire Latittude 66 Cobalt Oy

SunMirror AG has agreed to acquire Latitude 66 Cobalt Oy with its advanced battery metals portfolio to strengthen its position as Europe's 'green metals' company.

 
 
 

Perenti announce FY21 results

Perenti has delivered an FY21 result consistent with its revised expectations, achieving solid operational performance and growth from its underground mining business and an improved second half performance from its surface mining business.

 
 
 
 
 

Altus Strategies announce first closing of royalty on Caserones mine

Altus Strategies Plc has announced that it has completed the first closing of its recently announced agreement to acquire an effective 0.418% net smelter return royalty interest on the producing Caserones Copper Mine, located in the Atacama region of northern Chile.

 

Resolute Mining complete sale of Bibiani Gold Mine

Resolute Mining Limited has confirmed the successful completion of the sale of the Bibiani Gold Mine in Ghana to Asante Gold Corp. for total cash consideration of US$90 million.