Tag: Future Global Resources
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African leaders emphasize in-continent processing of mineral wealth at climate summit
At the recently concluded African Climate Summit in Nairobi, Kenya, African leaders were united in their call for the processing of Africa’s extensive mineral wealth to occur within the continent. They emphasized that “decarbonizing the global economy is also an opportunity to contribute to equality and shared prosperity.” Despite Africa’s rich deposit of critical minerals,…
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Jobs and the environment will be protected in sale of Bogoso-Prestea Mine – Golden Star
Golden Star Resources Limited says the agreement with Future Global Resources to trade off 90 percent interest in the Bogoso-Prestea Gold Mine will not affect jobs. The Mine employs about 600 directly and 600 others indirectly. The President and Chief Executive Officer of Golden Star, Andrew Wray, who gave the assurance, says the new owner…
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Golden Star Resources sells off 90% of Bogoso-Prestea Mine for $95m
Golden Star Resources Ltd. says it has entered into an agreement with Future Global Resources to trade off 90 percent interest in the Bogoso-Prestea Gold Mine. The agreement demands that an initial purchase price of $55 million shall be paid with a further contingent component of up to US$40 million staged payments to ensure FGR…