Enaex’s Post

Oriole Resources PLC (AIM:ORR) CEO Tim Livesey joined Proactive's Stephen Gunnion with an update on the company's Senala gold project in Senegal after its partner at the project AGEM Senegal Exploration, part of Managem Group, completed a six-year earn-in period. Livesey said over the six years, AGEM aimed to earn up to 70% ownership through an $8 million investment but concluded the period with a roughly 59% stake. The Senala project, described as a "legacy asset" by Livesey, is part of Oriole's portfolio despite a recent focus on Cameroon. As the partnership moves forward, Livesey said Oriole will evaluate its involvement based on forthcoming work plans and budget proposals from the joint venture, considering the substantial investments required for further development. Oriole Resources PLC is an AIM-listed #gold #exploration company, operating in West Africa. Watch at #Proactive #ProactiveInvestors https://lnkd.in/eh57Pmat #AIM #ORR

[𝐅𝐄𝐀𝐓𝐔𝐑𝐄𝐒 𝐍𝐄𝐖𝐒] Blasting and explosives specialist BME, a Member of the Omnia Group is bolstering its presence in Africa through strategic expansions and a strong emphasis on sustainability and local partnerships. Read the full story in this week's #MiningInAfrica feature > https://bit.ly/3W7oJo5

Oriole Resources PLC (AIM:ORR) executive director Claire Bay discusses promising gold results from the company's Mbe licence in Cameroon with Proactive's Stephen Gunnion. Bay explained that Oriole is advancing the Mbe licence, funded by BCM, which involves a $4 million exploration expenditure for up to a 50% interest in the project, including milestone payments based on resource size. Oriole has employed conventional exploration techniques, resulting in significant gold anomalies within the Mbe licence area. Rock sampling and mapping have identified high-grade quartz veins and lower-grade anomalies, which are crucial for building volume in the deposit. Recent results include infill soil sampling at the MB-01 prospect, revealing discrete vein systems with mineable grades. The largest anomaly extends over a kilometre and shows promising grades of up to half a gram per tonne. Additionally, due diligence by BCM confirmed... Watch at #Proactive #ProactiveInvestors http://ow.ly/F0wq105vtmI

With transfer of powers to the territory, is #nunavut seeing #resourcedevelopment as the key driver of economic growth? A few points: - Nunavut is the largest and northernmost territory of Canada, covering about 20 per cent of the country’s land area.  - It has a population of only about 40,000 people, mostly Inuit, who live in 25 remote communities - Two million square KM is almost the size of #SaudiArabia or #Mexico Read full article: https://lnkd.in/dxYt2CaV #responsiblemining #goldmining #miningcanada

South Africa

South Africa

We are delighted to share Dominic Bright's most recent case summary of Argentum Exploration Ltd v Republic of South Africa [2024] UKSC 16, in which he explores the question of when state immunity applies to maritime salvage. Please find the full summary here: https://lnkd.in/eJFENn_F #InternationalLaw #CaseSummary #MaritimeSalvage #LambChambers #RelationshipsMatter

South Africa

Something Transnet should be paying attention to - The days of SA enjoying logistics primacy in the SADC region are fast fading. Now more and more key exports are flowing to alternative ports like Windhoek, Maputo and Lobito as mentioned in the below article

South Africa