08 January 2024
08 January 2024
To facilitate the sale, Labyrinth has now signed a sale and purchase agreement with Gold Projects WA, a special-purpose vehicle.
The deal is expected to significantly expand Omnia's portfolio of lithium, gold and uranium projects across Canada.
Redwing mine collapsed due to earth tremors, as per initial assessments by Zimbabwe’s mines and mining development ministry.
The Vinasale gold project, owned by Doyon, has an inferred resource estimate of 22 million tonnes (mt) at 1.53 grams per tonne (g/t) for 1.08 million ounces (moz) of gold.
CEO and president Sébastien de Montessus also faces separate allegations regarding his personal conduct with colleagues.
The suspension of operations at Core Lithium’s Finniss project could result in the loss of around 150 jobs.
The merged group, with a workforce exceeding 2,600, recorded combined revenues of approximately $1.9bn (A$2.84bn) in 2022.
After detailed review and public consultation, the Botswana Department of Environmental Affairs (DEA) granted the environmental authorisation (EA), which is valid for 25 years with the option for renewal.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
The total number of underground mining trucks and loaders/LHDs in underground mines at the end of 2023 was estimated at 22,927, of which 19,718 were at active mines. GlobalData predicts that the highest growth in machine counts is expected in Oceania and Africa and the Middle East, supported by both new purchases from new mines entering production and replacements.
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