Mining
Posted By OrePulse
Published: 10 Dec, 2024 08:24
Power Metal Extends Deadline for Saudi Mining Deal
Power Metal Resources PLC has extended the deadline to finalize a binding agreement with Saudi Arabia’s Al Masane Al Kobra Mining Company, allowing more time to secure a 49% stake in the Qatan exploration license.
With an investment of $3 million at stake, Power Metal’s technical team is eager to commence work on this promising project once the agreement is formalized. The company’s directors remain optimistic about reaching a binding deal soon.
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