Global Atomic Strengthens Board of Directors
Global Atomic Corporation is pleased to announce the appointment of Dean Chambers P.Eng, ICD.D to the Company’s Board of Directors effective immediately. Mr. Chambers is a professional engineer and financial executive with extensive operational, financial, M&A, capital project, and project finance experience. His career as a senior executive in the mining and chemical industries includes progressive positions with …
Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO) (Frankfurt: G12) (OTCQX: GLATF) is pleased to announce the appointment of Dean Chambers P.Eng, ICD.D to the Company’s Board of Directors effective immediately.
Global Atomic Announces Q1 2021 Results
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Record Quarter Production at the Turkish Zinc Joint Venture
TORONTO, May 6, 2021 /CNW/ - Global Atomic Corporation ( Global Atomic or the Company ), (TSX: GLO) (OTCQX: GLATF) (FSE: G12) announced today its operating and financial results for the three months ended March 31, 2021.
HIGHLIGHTS
Dasa Uranium Project
The Republic of Niger issued an Environmental Certificate of Compliance to the Company in January 2021.
All permits are now in place for the development of the Dasa Project and commercial production.
The Republic of Niger issued extensions for each of the six exploration permits held by the Company through December 17, 2023.
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Africa Snapshot: Eight companies with promising projects
Be it gold, copper, cobalt or uranium, the African continent has powerful resources for mining. And there are several industry-friendly governments that are ready to secure their futures with new projects.
African Gold Group
African Gold Group (TSXV: AGG; US-OTC: AGGFF) has set its sights on building Africa’s next mid-tier gold producer. A definitive feasibility study was filed in July 2020 for its 100%-owned Kobada gold project in Mali. Developing the project would require a capital expenditure of $125 million, plus an $11 million contingency.
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The study forecast the post-tax net present value at a 5% discount rate would be C$266 million with an internal rate of return of 41.1% at a gold price of $1,530 per ounce. The mine would produce 100,000 oz. gold per year for the first five years and a total of 728,654 oz. over a 9.4-year mine life. Over the life of the mine, all-in
Africa Snapshot: Eight companies seeking opportunities northernminer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northernminer.com Daily Mail and Mail on Sunday newspapers.