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.
Related Articles
Gold mining company Gold Fields moves to AWS...
04 Sep, 2024 06:28
Taking African mining organizations to Net Zero: D...
04 Sep, 2024 07:46
Sibanye-Stillwater achieves level 4 Broad-based bl...
05 Sep, 2024 08:10
S.Africa's ARM pivots to chrome and copper after p...
06 Sep, 2024 12:49
Harmony Gold expects costs to jump after surge in ...
06 Sep, 2024 13:04
Mali: New Mining Code to Apply to Allied Gold’s Sa...
06 Sep, 2024 13:16
Uganda targets tenfold GDP growth riding on mining...
09 Sep, 2024 07:22
Newcore Gold Announces Upsize of Private Placement...
09 Sep, 2024 08:12
WIA joins West African gold chorus line with new b...
09 Sep, 2024 08:21
Africa’s top gold producer opens first plant to re...
09 Sep, 2024 08:34Trending News
Energy Other
Kuwait's KOC implements strategy to save nearly $3.25bln...
01 Jan, 2026 08:12
30 min read
Sea
Mawani, Arabian Chemical Terminals in deal to set up storage tanks at Jubail port...
01 Jan, 2026 08:10
30 min read