Allied Gold Sells 50% Stake to UAE’s Ambrosia in $500M Deal to Boost Operations
Canadian mining company Allied Gold has sold a 50% stake to UAE-based investment fund Ambrosia Investment Holding in a $500 million deal. The transaction includes $250 million in upfront cash,
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Loncor Confirms High-Grade Gold Deposits at Adumbi Gold Mine in DRC
Canadian exploration company Loncor has revealed the results of its deep drilling program at the Adumbi Gold Mine in the Democratic Republic of Congo, confirming high-grade gold deposits at various
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