16 April 2024
16 April 2024
In February, a landslide at Çöpler mine in Turkey again highlighted the issue of hazardous chemicals in mining. To counter the environmental risks of cyanide leaching, the industry is working on a range of safer alternatives.
Spanning 347km², the Tinga Valley Property has drill-ready, high-grade copper-gold porphyry and associated skarn exploration targets.
The company obtained the permit after a review by local authorities that lasted nearly two and a half years.
KIN and PNX shareholders will hold approximately 72% and 28% stakes in the merged group, respectively.
The move aims to stabilise thermal coal prices and ensure consistent supplies to power plants.
The new sanctions are intended to cut off revenue streams from metal exports by Russian companies.
The acquisition includes 332 claims covering 16,100 hectares (ha) and encompasses various properties in the George River area.
The latest deal follows FireFly's recent $52m capital-raising effort for accelerated drilling activities at the Green Bay project in Canada.
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