Ministry of Mining (Kenya)

46 mining licenses issue by Saudi Arabia's Ministry of Industry and Mineral Resources in January 2023

Retrieved on: 
Monday, March 27, 2023

RIYADH, Saudi Arabia, March 27, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources issued 46 new mining licenses during January 2023, including 31 exploration licenses, 14 building materials quarry licenses, and an excess mineral ores license, according to the report of the Ministry's National Center for Industrial and Mining Information.

Key Points: 
  • RIYADH, Saudi Arabia, March 27, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources issued 46 new mining licenses during January 2023, including 31 exploration licenses, 14 building materials quarry licenses, and an excess mineral ores license, according to the report of the Ministry's National Center for Industrial and Mining Information.
  • According to the report the amount of active mining licenses in the sector by the end of January 2023 amounted to 2,230.
  • Taking the lead are quarry licenses for building materials with 1,331 licenses, followed by 647 exploration licenses, 178 small mine exploitation license, 42 reconnaissance licenses, and 32 mineral ores licenses.
  • Saudi Arabia's Mining Investment Law offers six types of mining licenses, ranging from a two-year, five year and twenty-year mineral exploration license to a license to quarry building materials for up to 10 years.

46 mining licenses issue by Saudi Arabia's Ministry of Industry and Mineral Resources in January 2023

Retrieved on: 
Monday, March 27, 2023

RIYADH, Saudi Arabia, March 27, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources issued 46 new mining licenses during January 2023, including 31 exploration licenses, 14 building materials quarry licenses, and an excess mineral ores license, according to the report of the Ministry's National Center for Industrial and Mining Information.

Key Points: 
  • RIYADH, Saudi Arabia, March 27, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources issued 46 new mining licenses during January 2023, including 31 exploration licenses, 14 building materials quarry licenses, and an excess mineral ores license, according to the report of the Ministry's National Center for Industrial and Mining Information.
  • According to the report the amount of active mining licenses in the sector by the end of January 2023 amounted to 2,230.
  • Taking the lead are quarry licenses for building materials with 1,331 licenses, followed by 647 exploration licenses, 178 small mine exploitation license, 42 reconnaissance licenses, and 32 mineral ores licenses.
  • Saudi Arabia's Mining Investment Law offers six types of mining licenses, ranging from a two-year, five year and twenty-year mineral exploration license to a license to quarry building materials for up to 10 years.

Nicola Mining Receives Multi-Year Area Based Exploration Permit for Its Flagship Copper Project New Craigmont Property

Retrieved on: 
Monday, November 21, 2022

In addition, to the ZTEM survey, the Company recently completed an extensive soil sampling program to further clarify drilling target.

Key Points: 
  • In addition, to the ZTEM survey, the Company recently completed an extensive soil sampling program to further clarify drilling target.
  • The MYAB Permit allows the Company to complete the following key exploration activities:
    Peter Espig, CEO of Nicola, commented, "We are very grateful to the Ministry of Mining and support from First Nations for having received the MYAB Permit.
  • (the "2023 Exploration Program")"
    The 2023 Exploration Program will target a larger area and key targets previously unexplored by diamond drilling.
  • The Company owns 100% of the New Craigmont Project, a high-grade copper property, which covers an area of 10,913 hectares along the southern end of the Guichon Batholith and is adjacent to Teck Resources Ltd.'s Highland Valley Copper, Canada's largest copper mine.

Gold Royalty Receives Initial Royalty Payments on Newmont's Producing Borden Mine

Retrieved on: 
Tuesday, July 5, 2022

VANCOUVER, BC, July 5, 2022 /PRNewswire/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce that it has begun to receive royalty payments related to its Borden Lake net smelter return ("NSR") royalty (the "Royalty") over Newmont Corporation's ("Newmont") producing Borden Mine located in Ontario, Canada.

Key Points: 
  • VANCOUVER, BC, July 5, 2022 /PRNewswire/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce that it has begun to receive royalty payments related to its Borden Lake net smelter return ("NSR") royalty (the "Royalty") over Newmont Corporation's ("Newmont") producing Borden Mine located in Ontario, Canada.
  • Ely Gold Royalties Inc, a wholly owned subsidiary of Gold Royalty, originally purchased the Royalty on May 6, 2020.
  • (See Ely Gold press release dated May 28, 2020)
    It has now been confirmed that mining at the Borden Mine ("Borden" or "Borden Mine") is occurring on the AOI Claims and therefore Newmont has begun making royalty payments under the AOI Royalty.
  • David Garofalo, Chairman and CEO of Gold Royalty commented: "Borden brings another high-quality cash flowing asset into our portfolio.

DGAP-News: African Energy Chamber: Addressing European Energy Security Through Equatorial Guinean LNG Exports

Retrieved on: 
Thursday, June 9, 2022

Equatorial Guineas strategic location on the west coast as well as future connectivity to intra- African LNG pipelines consolidates the countrys position as a top exporter to European markets.

Key Points: 
  • Equatorial Guineas strategic location on the west coast as well as future connectivity to intra- African LNG pipelines consolidates the countrys position as a top exporter to European markets.
  • Equatorial Guineas significance as a European exporter comes from two primary factors, namely, its maritime proximity to Europe and its potential connection to Europe-bound pipelines.
  • To date, Equatorial Guinea has managed to leverage its position on Africas west coast, gradually increasing LNG exports to Europe, South America and Asia via LNG shipments.
  • African Energy Chamber believes that Gas to Europe makes sense but also building African gas infrastructure for LNG to Africa is just as important.

Aben Resources Provides Project Update on the Slocan Graphite Project Ahead of 2022 Exploration Program

Retrieved on: 
Wednesday, June 8, 2022

Vancouver, BC, June 08, 2022 (GLOBE NEWSWIRE) -- Aben Resources Ltd. (TSX-V: ABN ) (OTCQB: ABNAF ) (Frankfurt: E2L2 ) (Aben or the Company) is pleased to provide an update on its 2,387 hectare Slocan Graphite Project located 34km northwest of Castlegar, British Columbia.

Key Points: 
  • Vancouver, BC, June 08, 2022 (GLOBE NEWSWIRE) -- Aben Resources Ltd. (TSX-V: ABN ) (OTCQB: ABNAF ) (Frankfurt: E2L2 ) (Aben or the Company) is pleased to provide an update on its 2,387 hectare Slocan Graphite Project located 34km northwest of Castlegar, British Columbia.
  • The mineral exploration permit for the Slocan Graphite project is currently still under review with the Ministry of Mines.
  • Aben holds the exclusive right to earn a 100% interest, less 2% Net Production Royalty (NPR) in the road-accessible Slocan Graphite Project located 34km northwest of Castlegar,
    British Columbia.
  • Aben Resources is a diversified Canadian exploration company with Gold-focused projects in British Columbia, the Yukon Territory, and Ontario and a Graphite focused exploration project in British Columbia.

Edison Investment Research Limited: KEFI Gold and Copper (KEFI): Hawiah developing rapidly behind Tulu Kapi

Retrieved on: 
Friday, March 18, 2022

Click here to view the full report or here to sign up to receive research as it is published.

Key Points: 
  • Click here to view the full report or here to sign up to receive research as it is published.
  • About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors.
  • Having been the first in-market 17 years ago, Edison now has more than 100 analysts covering every economic sector.
  • Headquartered in London, Edison also has offices in New York, Frankfurt, Amsterdam and Tel Aviv and a presence in Athens, Johannesburg and Sydney.

Venezuelan Ministry of Mines Revokes Mineral Rights of Siembra Minera – Gold Reserve Considering All Legal Rights and Remedies

Retrieved on: 
Wednesday, March 9, 2022

Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) (Gold Reserve or the Company) announced that it has learned that The Ministry of Mines of Bolivarian Republic of Venezuela (Ministry of Mines) issued a Resolution that purports to revoke the mining rights of the Venezuelan Joint Venture Company, Siembra Minera SA (55% owned by Venezuela 45% owned by Gold Reserve) (Siembra Minera SA) for alleged non-compliance with certain Venezuelan mining regulations.

Key Points: 
  • Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) (Gold Reserve or the Company) announced that it has learned that The Ministry of Mines of Bolivarian Republic of Venezuela (Ministry of Mines) issued a Resolution that purports to revoke the mining rights of the Venezuelan Joint Venture Company, Siembra Minera SA (55% owned by Venezuela 45% owned by Gold Reserve) (Siembra Minera SA) for alleged non-compliance with certain Venezuelan mining regulations.
  • The Resolution states that Siembra Minera SA may exercise remedies concerning the revocation in administrative proceedings or court proceedings in Venezuela.
  • The Venezuelan government has a controlling 55% interest in Siembra Minera SA and any alleged non-compliance by Siembra Minera SA would be due to failure or inaction by the Venezuelan government.
  • Consequently, the Company is considering all legal rights and remedies available to it under the Settlement Agreement and applicable law.

Saudi Arabia enhances its position on the global stage as a major mining destination, outlining its industry ecosystem, robust infrastructure and partner success stories

Retrieved on: 
Wednesday, September 15, 2021

We have a demonstrable track record of success with our international partners, offering a best-in-class experience benchmarked against global standards," said Al-Mudaifer.

Key Points: 
  • We have a demonstrable track record of success with our international partners, offering a best-in-class experience benchmarked against global standards," said Al-Mudaifer.
  • "Additionally, the government continues to support the development of mining through major infrastructure transformation, including roads, rail, ports and electricity networks.
  • Now is the time for international organizations to be part of the mining sector's exponential growth in the Kingdom."
  • The country's new mining law ensures that sustainable practices are a foremost priority for new mining operators as they apply for licenses.

Saudi Arabia enhances its position on the global stage as a major mining destination, outlining its industry ecosystem, robust infrastructure and partner success stories

Retrieved on: 
Wednesday, September 15, 2021

RIYADH, Saudi Arabia, Sept. 15, 2021 /PRNewswire/ -- In an appearance at MINExpo® International 2021, Las Vegas, Khalid Al-Mudaifer, Vice-Minister of Mining Affairs for the Saudi Ministry of Industry and Mineral Resources, outlined the unique opportunities for investors, explorers, miners and service providers to get into a dynamic sector that is at the heart of the Kingdom's rapidly evolving industrial economy.

Key Points: 
  • We have a demonstrable track record of success with our international partners, offering a best-in-class experience benchmarked against global standards," said Al-Mudaifer.
  • "Additionally, the government continues to support the development of mining through major infrastructure transformation, including roads, rail, ports and electricity networks.
  • Now is the time for international organizations to be part of the mining sector's exponential growth in the Kingdom."
  • The country's new mining law ensures that sustainable practices are a foremost priority for new mining operators as they apply for licenses.