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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. Sign Up for the Battery Metals Digest Sign Up 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 ....
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.
NA Proactive news snapshot: PsyBio Therapeutics, Numinus Wellness, Arizona Silver Exploration, Loop Insights, Canada Silver Cobalt Works … A glance at some of the day s highlights from the Proactive Investors US and Canada newswires Your daily round-up from the world of Proactive PsyBio Therapeutics Corp (CVE:PSYB) (FRA:PSYB) announced that it has amended its master-sponsored agreement with Miami University based in Oxford, Ohio for the continued advancement of its neuropsychiatric drug discovery platform. The Coconut Creek, Florida-based biotechnology company pioneering the next generation of targeted psychoactive medications, explained that the move expanded the research efforts of Dr J Andrew Jones’ lab in the Department of Chemical, Paper, and Biomedical Engineering, to include additional research work done by the McMurray Lab, run by Dr Matthew McMurray in the Department of Psychology. The company said it would provide “an additional US$1.5 ....
NA Proactive news snapshot: FPX Nickel, ESE Entertainment, Fortitude Gold, Progressive Planet Solutions, Safe-T Group UPDATE … A glance at some of the day s highlights from the Proactive Investors US and Canada newswires Your daily round-up from the world of Proactive FPX Nickel Corp (CVE:FPX) has announced the initiation of a metallurgical pilot test program to support development of its Baptiste nickel project in central British Columbia, the largest and most comprehensive program conducted at the site to date. The program is designed to validate and optimize the flowsheet parameters outlined in the company’s September 2020 Preliminary Economic Assessment (PEA). The processing flowsheet developed for the PEA is based on conventional grinding, magnetic separation and flotation processes to produce a concentrate grading 63% nickel and 1% cobalt. “This year’s bench- and pilot-scale metallurgical studies are focused on confirming and improving upon ....
NA Proactive news snapshot: Bragg Gaming, Lexaria Bioscience, FPX Nickel, ESE Entertainment, Fortitude Gold UPDATE … A glance at some of the day s highlights from the Proactive Investors US and Canada newswires Your daily round-up from the world of Proactive Haywood Capital Markets is initiating coverage of Bragg Gaming Group Inc (TSE:BRAG) (OTCMKTS:BRGGF) (FRA:SL4A) with a Buy rating and a $3 price target. In its note, Haywood cited three key catalysts helping the company a potential uplisting to the Nasdaq, a strong board and management with recent insider buying, and the company’s 2021 forecast for $73.5 million in revenue and EBITDA (earnings before interest, taxes, depreciation, and amortization) of $6.4 million. ....