West Africa-focussed explorer Oriole Resources, which manages activities at the Faré prospect at the Senala project in a joint venture with IAMGOLD, reports that IAMGOLD has completed its Phase 1 drilling programme at the prospect.
China avoids coal projects in Belt and Road for first time.
China didn’t finance any coal projects via its Belt and Road Initiative in the first half, the first time that’s happened since the plan was launched in 2013, the International Institute of Green Finance said in a report.
Power Metal exercises option to acquire Tati gold/nickel project in Botswana.
Power Metal Resources has exercised its option to acquire a 100% interest in two gold/nickel exploration licences located within the Tati Greenstone Belt, near Francistown, Botswana, through its local wholly owned operating subsidiary Power Metal Resources Botswana.
New La Mancha fund eyes gold opportunities.
Privately owned investment group La Mancha has created a new mining fund, which would target opportunities in the “fragmented” gold mining sector, chairperson Naguib Sawaris announced on Monday.
