Finance & business

Ariana Resources plc has announced the launch of its wholly-owned Asgard Metals Fund, which is being developed as part of Ariana's proprietary Project Catalyst Strategy.

Perenti Global Ltd has announced its subsidiary, Barminco, has finalised a contract with Panoramic Resources Ltd for development and production works at their Savannah Nickel Project in Western Australia.

Gascoyne Resources and Firefly Resources have entered into a binding Demerger Implementation Deed regarding their copper-gold and lithium exploration assets.

Kenorland Minerals Ltd has announced that it has entered into a purchase agreement with Superior Nickel Inc. for the sale of its Fox River property.

Epiroc has acquired Mining Tag S.A., a Chilean company that provides sensor-based solutions that strengthen safety and productivity in mines by making operations smarter.

Warrikal Pty Ltd has been awarded a 5-year AUS$350 million contract as one of the providers of maintenance and shutdown services across Fortescue’s Pilbara operations.

Orosur Mining has entered into a non-binding Letter of Intent with Meridian Mining to finalise a joint venture on the Ariquemes Tin project in Brazil.

Sandfire Resources Ltd has advised that the mining licence has been granted for its Motheo Copper Mine in Botswana.

Centerra Gold Inc. has brought additional claims against the government of the Kyrgyz Republic in response to its expropriation of the Kumtor Mine.

Akobo Minerals has announced that Erik Haugane has joined the Board of Directors.

Orea Mining Corp. has announced the signing of a binding term sheet to acquire up to a 75% interest in an advanced-stage gold exploration project in Suriname, South America.

Enter Engineering and Uralmashplant JSC (part of the industrial group of Gazprombank) will build an ore mining and processing plant in Uzbekistan.

Fortuna and Roxgold have completed a combination to create a global premier growth-oriented intermediate gold and silver producer.

Majestic Gold has entered into a letter of intent with Western Explorers to acquire a 65% interest in four separate tenements located in Western Australia.

Vale has announced a CAN$150 million investment to extend current mining activities in Thompson, Manitoba by 10 years while aggressive exploration drilling of known orebodies holds the promise of mining well past 2040.