LionGold's Ghana unit signs deal to buy tailings from B&C Gold
LIONGOLD Corp's partially owned Ghana gold mining unit, Owere Mines, has entered into an agreement with Australia's B&C Gold to purchase and process gold-bearing waste tailings.
LionGold owns a 77 per cent interest in ASX-listed gold mining company Signature Metals Limited, which in turn owns a 70 per cent stake in Owere Mines.
Under the agreement, Owere Mines will purchase from B&C a minimum of one million dry tonnes of gold-bearing waste tailings, which are potentially hazardous material left behind from old gold mining operations.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
US: Wall St opens sharply higher on soft jobs data
HSBC has no plans to dispose of further businesses, chairman says
Glencore Group nears deal for Shell’s Singapore oil refinery
Chinese share of French EV market slumps after incentives curbed
ARA H-Trust Q1 net property income up marginally to US$6.4 million
JPMorgan unveils IndexGPT in next Wall Street bid to tap AI boom