PIF-backed Manara Minerals inches closer to grabbing a stake in Pakistan’s Reko Diq mining project
The offer could reportedly be worth USD 1 bn
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The offer could reportedly be worth USD 1 bn
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The firm will still aim to produce 15 mn tons but not within the initial 2030 deadline
CMR has 16 months to conduct geochemical, geophysical, and drilling activities before making the main acquisition payment.
The licenses will cover a combined total area of 4.7k sqm
Genius Metals will make payments totalling CAD 250k and incur work commitments of CAD 225k over three years
IHC’s mining subsidiary plans to use renewable energy sources to power its mining projects
The transaction is worth an estimated USD 2.6 bn
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