18 October 2024
18 October 2024
The plan features a A$250m ($167m) royalty deferral initiative and a rapid assessment framework for mining projects.
Blaze will acquire the shares in two projects by purchasing 60% of Gecko Uganda's total issued shares from Gecko.
Aurum shareholders will hold roughly 79.5%, while Mako shareholders will have around a 20.5% stake in the new company.
The permit spans 900.67 hectares (ha) and encompasses the historic Marsfontein diamond mine.
The transition to sustainable mining practices is “enhancing operational effectiveness”, despite initially high investment costs.
This move is in line with the company's strategy to expand its Moroccan asset base.
The Mining Inspectorate of Sweden’s positive decision allows Talga to engage in graphite mining for 25 years.
Boris Ivanov, founder of mining company Emiral, explains how collaboration, education and a new regulatory regime can help clean up artisanal and small-scale mining.
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