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.
O3 Mining (TSXV: OIII) shares soared 55% Thursday morning after it signed an agreement for Agnico Eagle Mines (TSX: AEM; NYSE: AEM) to acquire it for about C$204 million ($144m). The cash deal values O3’s shares at C$1.67 apiece. The...
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