Pasofino Gold receives $75 million cash offer
Upon approvals, the parties expect to enter into a definitive agreement in the fourth quarter of 2024, Pasofino said.
Rutongo expects to double shipments to 200 metric tons a month by the end of 2012 from 100 tons currently, Michael Biryabarema, general director of the Rwanda Geology and Mines Authority said in a phone interview on June 28. The company, a joint venture between Rwanda’s government and Switzerland-based Ruddington Services AG, has increased exports from 3 tons a month three years ago, he said.
