Mining firm Robex Resources, active on the Nampala Mine in Mali, has recovered the Kamasso exploration permit, which it held from 2004 to 2013, and in which it invested $1,076,052 in research and exploration works.
The permit which covers an area of 100 km² is adjacent to the Mininko permit held by Robex at the Nampala Mine. Due to its proximity with Nampala, the permit offers the company interesting prospects. Works carried out previously have helped identify geochemical anomalies in soils including the Sikoro, Kadjila and Sirakoni.
“We are very pleased to have recovered the Kamasso research and mining permit, in Mali because it is strategically well positioned, near from the Nampala mine. We want to thank the Malian government who took into consideration our efforts in the reassignment of the permit,” said Georges Cohen, CEO of Robex Resources.
Let us recall that Nampala holds 17.4 Mt of proven reserves. Given its importance, Robex Resources wished to produce 6,000 t/d but some challenges, financial mostly, forced the company since October 2014 to scale down its ambitions.
Louis-Nino Kansoun
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
BOAD plans 750 billion CFA francs financing for Burkina Faso Funds to support key sectors and Rel...
Yassir moves into media distribution in France with the acquisition of Paris-based adtech firm Kaw...
Cameroon banana exports jump 36% to 27,674 tons in January Growth driven by French group subsidiaries PHP and CDBM Compagnie Fruitière dominance to...
Nigerian insurers Guinea, Sovereign Trust seek 10.8bn naira capital Guinea launches rights issue; Sovereign Trust awaits NGX approval Raises aim meet...
Djibouti receives a $35 million grant to expand rural access to drinking water The project will benefit over 120,000 people and strengthen...
DeAfrica is training 1,068 participants from 45 African countries in AI The program aims to prepare youth for a fast-evolving AI-driven economy The...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...