Australia is in discussions with the United Arab Emirates (UAE) to secure a trade deal aimed at unlocking billions in investments for its critical minerals sector. Trade Minister Don Farrell is optimistic about swift negotiations leading to substantial UAE investments as early as next year. This move aligns with the UAE’s US$30 billion climate-focused investment fund initiative and its broader strategy to diversify global critical minerals supply chains, traditionally dominated by China. The potential agreement could streamline investment processes and offer Australian projects priority under foreign investment guidelines.
Kobo Resources to Attend the 2024 Vancouver Resource Investment Conference
Mr. Edward Gosselin, Chief Executive Officer, and Mr. Paul Sarjeant, President and Chief Operating Officer to attend the 2024 Vancouver Resource Investment Conference exhibiting at booth 733
Read moreCondor Announces Feasibility Study For La India Open Pit.
Condor Gold (AIM: CNR; TSX: COG) is pleased to announce the results and details of a Feasibility Study, sometimes referred to as a Bankable Feasibility Study (“2022 FS”) on the La India open pit. The 2022 FS supports a Probable Mineral Reserve of 7.3Mt at 2.56g/t gold for 602,000 oz gold and a mine with an Internal Rate of Return (“IRR”) of 23% and a post tax and post upfront capital cost net present value (“NPV”) of US$86.9 million using a discount rate of 5% and price of US$1,600/oz gold. The 2022 FS brings the level of confidence for the Project to the industry standard of engineering design, sufficient to support +/- 15% capital and operating cost estimates.
Read moreGold Exploration to Commence on Australian High-Grade Targets
Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN) announces that following a major corporate restructuring exercise that has made the Company debt free and with cash at bank, it now intends to commence an active exploration and drilling programme at its Wishbone II gold project in Queensland Australia.
Read more