12 May 2025
12 May 2025
This decision came after directives from the Rwanda-backed M23 rebel administration, which is now controlling the South Kivu Province.
Total capex for 2025 is projected to be between $1.62bn (R29.65bn) and $1.77bn.
This decision is due to the companies’ involvement with Mineração Rio do Norte, which operates a bauxite mine in the Amazon rainforest.
The project's construction and development phase will be completed with the hot commissioning of the refinery in H1 2026.
The financing facilities offered range from C$15m ($10.8m) to C$17m, with durations between 36 and 48 months.
Only a fifth of businesses expect positive impacts from tariffs being implemented by or in response to Donald Trump.
The acquisition is expected to be settled by 16 May 2025.
The transaction involves Silver Viper obtaining all outstanding common shares of CSAC Holdings in exchange for nine million common shares.
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