AuKing Mining (ASX:AKN) CEO Paul Williams joins Proactive’s Jonathan Jackson to elaborate on the company’s recent MoU with Barg Alsaman Mining Company (BSMC) for mineral project exploration and development in Saudi Arabia. This partnership signifies AuKing Mining’s strategic move to extend its portfolio, which is focused on uranium and copper. BSMC, a subsidiary of the Segia Gulf Group, plays a pivotal role in this collaboration, bringing substantial local expertise and resources to the table. During the initial phase, AuKing, alongside BSMC, will focus on tapping into the vast mineral potential within the Kingdom, leveraging BSMC's operational strengths and insights. The Saudi Government's push to revamp the mining sector and make it a cornerstone of the economy is a key driver behind this venture, signalling a conducive environment for mining activities and international collaborations. While expanding into Saudi Arabia, AuKing continues to prioritise its copper and uranium projects in Tanzania and Australia. The company is gearing up to secure funding to advance these primary projects, balancing its growth strategy between exploring new territories and nurturing its existing assets. Watch the interview here https://lnkd.in/gZuCytAR
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AuKing Mining Limited (ASX:AKN) CEO Paul Williams joins Proactive’s Jonathan Jackson to elaborate on the company’s recent MoU with BARG ALSAMAN MINING COMPANY (BSMC) for mineral project exploration and development in Saudi Arabia. This partnership signifies AuKing Mining’s strategic move to extend its portfolio, which is focused on #uranium and #copper. BSMC, a subsidiary of the Segia Gulf Group, plays a pivotal role in this collaboration, bringing substantial local expertise and resources to the table. During the initial phase, AuKing, alongside BSMC, will focus on tapping into the vast mineral potential within the Kingdom, leveraging BSMC's operational strengths and insights. The Saudi Government's push to revamp the mining sector and make it a cornerstone of the economy is a key driver behind this venture, signalling a conducive environment for mining activities and international collaborations. Watch at #Proactive #ProactiveInvestors #ASX #AKN #Mining #CopperMining #Energy #UraniumMining https://lnkd.in/e57pGhNA
AuKing signs MoU with Saudi company to help expand portfolio
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Mako Gold Ltd (ASX:MKG) managing director Peter Ledwidge joined Proactive's Stephen Gunnion with results from the ongoing mapping and rock chip sampling program at the Tchaga North prospect at its flagship Napié Project in Côte d’Ivoire that yielded up to 79 grams per tonne of #gold. Ledwidge said the discovery adds to the already significant maiden resource of 868,000 ounces of gold. The company's approach involves expanding its resource base by targeting new areas. Out of 17 targets, Tchaga North has emerged as a high-grade zone, evidenced by the presence of a deep artisanal mining pit. The geology team at Mako Gold is actively engaged in mapping and rock chip sampling to generate new drill targets. This process has revealed new structures, prompting a change in drilling direction to effectively target these high-grade veins. Watch at #Proactive #ProactiveInvestors #ASX #MKG #GoldMining #GoldStocks https://lnkd.in/ennbxtrd
Mako Gold sees positive results from Tchaga North prospect at Napié Project in Côte d’Ivoire
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Expanding Trade Horizons: Jeddah Joins LME's Key Hubs The #LondonMetalExchange (#LME) is enhancing its network by including Jeddah, Saudi Arabia, as a new delivery point for metals, showcasing the Kingdom's rise as a global metals hub. This move aligns with #SaudiArabia's #Vision2030, focusing on industrial and logistics development, and further propels the country's ambition to diversify its economy. Read more on Saudi Business News, link in bio! #SaudiBusiness #SaudiNews #Vision2030 #SaudiArabia #Jeddah #MetalsHub #GlobalTrade #EconomicDiversification #LME #LogiPoint #Mining #IndustryDevelopment #CleanEnergyTransition #Aramco #Maaden #ElectricVehicles #Innovation #Infrastructure
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Explore the influence of Saudi Arabia's 'Vision 2030' and demand. 🚀🔗 Gain insights into this transformative strategy's effects on the nickel market in this Fastmarkets piece: https://okt.to/0kX9qB #Fastmarkets #nickel #SupplyChainLogistics
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Bitcoin average mining cost risen to 85434
ارتفاع في تكاليف تعدين البتكوين
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In the coming month, Saudi Arabia is poised to inject up to one billion dollars into the Reko Diq Copper Gold project located in Balochistan's Chagai district. The Special Investment Facilitation Council is actively working to iron out any hindrances to this substantial investment, underscoring the commitment to fostering economic development and partnership. To facilitate the smooth execution of Saudi investments, the Prime Minister is set to establish a committee within the Finance Ministry, comprising all pertinent stakeholders from the country. This proactive approach aims to ensure effective coordination and cooperation among key players, streamlining the investment process for optimal outcomes. The envisioned Saudi investment marks a significant milestone in Pakistan's mining sector, with plans for further collaboration between Pakistan and Saudi Arabia in the realm of mining. Such partnerships are crucial for harnessing the immense potential of resources like the Reko Diq project, contributing to economic growth and prosperity for both nations. #saudiarabia #pakistan #project
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Head of Commodity Markets Research - Base Metals, with special interest in Battery Raw Materials - Never a dull moment in the metals markets, it's a pleasure to be deeply involved with them
Key your eyes on Saudi Arabia it seems intent to emerge as a green industrial power. Discover how Saudi Arabia's 'Vision 2030' is looking to boost demand and propel investment in the nickel supply chain. 🚀🔗 Learn more about this ambitious plan and its impact on the nickel here: https://okt.to/VLNIkK
How will Saudia Arabia's 'Vision 2030' boost nickel demand and unlock investment in supply? - Fastmarkets
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Toubani Resources Ltd (ASX:TRE) CEO Phil Russo sits down with Proactive's Jonathan Jackson to talk through the high-grade oxide #gold intersections from infill drilling at the 2.4-million-ounce Kobada Gold Project in Mali. The company highlighted a significant find with a screen fire assay of 2 metres at 178 g/t gold within a broader 19-metre intersection averaging 20 g/t from a depth of 105 metres. These results are instrumental for Toubani in converting the Kobada deposit to higher JORC-compliant confidence levels, potentially delineating higher grade zones within the deposit. Russo noted the program’s role in derisking and enhancing the value of the Kobada deposit and expressed satisfaction with the results, which align with the company’s goals of confirming significant widths and grades. Watch at #Proactive #ProactiveInvestors #ASX #TRE #goldexploration #asxsmallcaps https://lnkd.in/emTzN2Je
Toubani Resources delivers promising gold intersections, aims for JORC upgrade
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Gold exploration company King River Resources Ltd has significantly bolstered its financial footing with a substantial AU$1.6 million cash payment from the strategic Speewah deal. This infusion of capital is set to enhance the company's financial stability, providing a strong foundation for advancing its exploration and development projects. The Speewah deal represents a pivotal transaction for King River Resources, involving the sale or partnership concerning its Speewah mining tenements. Located in a region rich in mineral resources, including gold, vanadium, titanium, and iron ore, the Speewah assets have long been recognized for their potential. By leveraging these assets, King River Resources has effectively monetized a portion of its portfolio, translating mineral wealth into immediate financial strength. #GoldExploration #MiningNews #KingRiverResources #SpeewahDeal #MineralWealth #FinancialStability #ExplorationProjects #GoldMining #Vanadium #Titanium #IronOre #MiningIndustry #ResourceMonetization #MiningInvestments #AUSTRALIA #MiningDeals #MineralAssets #ExplorationAndDevelopment #MiningFinance #MiningGrowth
King River Resources secures AU$1 6mn milestone payment from Speewah Project sale
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Mako Gold Ltd (ASX:MKG) managing director Peter Ledwidge joins Jonathan Jackson in the Proactive studio to talk about additional results from a rock chip sampling and detailed mapping program at Tchaga North within the Napié Project in Côte d'Ivoire, in which the company holds a 90% interest. A new high-grade #goldzone, named Central Zone, has been identified, bolstering Tchaga North's potential as a prime drilling target. Significant high-grade rock chip results were recorded, with values including 76.10 g/t and 24.34 g/t #gold, among others, supplementing earlier findings of up to 79.50 g/t. Samples yielding high gold grades predominantly came from quartz veins linked to newly identified east-west structural trends, which have not yet been subjected to drilling. Excavator trenching has started at Tchaga North to explore and sample the extent of quartz veining at the Central Zone and other areas like the... Watch at #Proactive #ProactiveInvestors #ASX #MKG #goldexploration https://lnkd.in/dUCrZiNa
Mako Gold unveils high-grade gold zone as it looks to increase maiden resource
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