21 September 2023
21 September 2023
The move is designed to protect Native American lands and will be subject to a 90-day comment period.
India’s Ministry of Mines said that cooperation between the two nations will deepen following the talks.
The company also initiated a process to sell the Cusi mine and SCP Resource is serving as financial adviser for the process.
The company will now drill 60 diamond holes in 21 drill platforms over a period of 15 months.
The Diamba Sud gold project shares similar geologic features to gold mines owned by Barrick Gold and B2Gold.
The projects are spread across 472km² of land and comprise 24 granted exploration licences.
The government-led exploration will help minimise risks and bring necessary data to take investment decisions.
Standard Uranium has agreed to sell the Sun Dog uranium project for $1.5m, excluding exploration expenditure.
The Excellence Awards celebrate the greatest achievements and innovations in the industry, and the people and companies that are driving change.
The widespread objectives for a greener future are straining supplies of natural resources. Deposits of critical minerals are typically found in specific regions of the world. The race to control these mineral assets has led to intense rivalries between China, the US, and the EU, with China currently dominating the mineral supply chain and the development of energy transition technologies.
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