28 January 2025
28 January 2025
The project is expected to commence in mid-2025, pending environmental and social impact assessment approval.
JSW Group secured the contract via a competitive bidding process for a 20-year term, with the possibility of a ten-year extension.
The negotiations will focus on Mali's demand for $199m (CFA Fr125.15bn), compliance with the new mining code and the release of the seized gold.
The new funding will support Earth AI's plans to expand its project pipeline to more than 50 sites and increase its drilling capacity to 100,000m.
The Woods Creek Project encompasses 25 lode claims over 516 acres.
The Porcupine Complex, located near Timmins, Ontario, Canada, has been producing gold for more than 100 years.
The West Bengal Power Development Corporation (WBPDCL) is the executing agency for mining in the Deocha-Pachami block.
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