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Mining Technology on MSNFortuna divests Yaramoko mine for $130m, marking exit from Burkina FasoConsidering the limited remaining life of mineral reserves at Yaramoko (approximately one year), the cessation of our exp ...
Fortuna Mining (NYSE:FSM) +4.1% pre-market Friday after saying it agreed to sell its interest in Roxgold Sanu, which owns and operates the Yaramoko mine, and the company's three other wholly-owned ...
The completion of the Transaction is subject to the payment by Roxgold Sanu to Fortuna of the Cash Dividend, receipt of the consent of the Minister of Mines, and customary conditions of closing for ...
Burkina Faso has awarded an industrial mining licence to Russian mining company Nordgold for the Niou gold deposit in the ...
Fortuna Mining completes the sale of San Jose mine in Mexico and plans to exit Burkina Faso with the Yaramoko deal.
Fortuna Mining struck a roughly $130 million deal to exit a Burkina Faso mine that is nearing the end of its operating life, avoiding upcoming closure costs.
Canadian precious metals company Fortuna Mining Corp. has agreed to sell its Burkina Faso assets, including the Yaramoko gold mine, to privately held Soleil Resources International for total ...
Fortuna Mining (FSM) has entered into a definitive share purchase agreement to sell its interest in Roxgold Sanu, which owns and operates the Yaramoko Mine, together with the Company’s three ...
Mr. Ganoza continued, “We believe that Soleil, as a private local company, is well positioned to continue operations at the Yaramoko Mine to the benefit of employees and local stakeholders”.
Under the terms of the Agreement, SRI will acquire all of the issued and outstanding shares of the Acquired Companies. Fortuna will receive an aggregate cash payment of approximately US$130 ...
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