Burkina Faso grants mining lease to Russia’s Nordgold
The move signals deepening economic ties between Russia and Burkina Faso, as the junta that seized power in 2022 continues its pivot away from traditional Western allies.
While plans are underway to extend the life of its Hemlo mine in Ontario and transition it to a modernized tier two asset, Barrick Gold (TSX: ABX) has also begun looking into properties nearby. On Friday, the gold major entered an...
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