Allied Gold signs $175m gold streaming deal with Wheaton on Kurmuk mine
The Kurmuk project in Ethiopia is expected to have an 11-year mine life, with first production by mid-2026.
06 December 2024
06 December 2024
The Kurmuk project in Ethiopia is expected to have an 11-year mine life, with first production by mid-2026.
Rio Tinto, as a strategic industrial partner, will grant this partnership with Arctial access to its AP60 aluminium smelting technology.
The company will expand its uranium portfolio with 345 claims across 8,200 acres, including 14 properties with a production history.
The projected increase is due to 11 new projects valued at approximately $15.66bn (15.19trn pesos).
Progress towards responsible mining is at the centre of concerns around the mining industry’s future.
The study raises concerns over mine waste storage stability and landslide risks.
The agreement requires S2 to sole-fund A$1.2m ($771,684) in expenditures over four years to earn the interest.
The agreement with Big Ridge Gold outlines conditions for Caprock to fulfil over three years.
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