Cora Gold Ltd has signed a binding term sheet for a US$120 million (£80.3m) gold stream with its strategic investor Eagle Eye Asset Holdings Pte. Ltd to develop the Sanankoro project in southern Mali. PERMITTING Eagle Eye has already invested £13.7m for 228,452,356 ordinary shares, representing 29.90% of Cora’s issued share capital. Under the terms […]
Tag: permitting
Tungsten West needs near-term funds
Tungsten West plc said it needed to find sufficient funds for the near future to avoid having to reassess the restart of Hemerdon tin-tungsten mine in Devon. FUNDING OPTIONS In August 2022, the company said it was in discussions for additional funds after its revised plans failed to meet the $49 million loan terms from […]