01 March 2024
01 March 2024
Five years after the world’s worst tailings disaster, we look at the progress of global tailings management standards and how investors are pushing mining companies towards compliance.
As per agreed terms, Galileo was allowed to raise its stake by spending on exploration and evaluation of BC Ventures’ projects.
The initial agreement allows for a 51% stake acquisition, with the option to increase ownership.
The investment aims to extend the mine's lifespan from seven to 20 years, with works scheduled to commence in 2025.
The deal was finalised following a binding implementation agreement announced on 11 December 2023.
The suspension follows the release of union boss Sékou Jamal Pendessa.
The reopening marks the first step in the company's strategy to become a multi-asset uranium producer.
The Yurkowski Lake Project, an extension of the company's Core Pasfield Project, spans three claims over 4,438.49 hectares (ha).
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.
Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.
Give your business an edge with our leading industry insights.
