Oil and Gas
This follows the signing of a Memorandum of Understanding between both entities during the Russia-Africa Summit in Sochi last October.
IronRidge will use these funds for the Zaranou Project and advancing its remaining suite of gold assets in Côte d'Ivoire and Chad and its lithium projects.
Health and safety
B2Gold Corp. has identified 10 positive COVID-19 cases at the Fekola gold mine site in Mali, 9 of which are currently asymptomatic.
Cora Gold has appointed Digby Wells Environmental to undertake the environmental and social impact assessment for its Sanankoro gold project in Mali.
It has provided shareholders with a non-renounceable entitlement offer to raise up to a further $2.1 million, for a total of up to $9 million.
TSX-listed miners Endeavour Mining and SEMAFO shareholders are scheduled to vote on the proposed merger of the two companies on 28 May 2020, following the filing of a joint management information circular.
Oil and Gas
Even before the COVID-19 outbreak, the economy of Nigeria was facing headwinds from rising external vulnerabilities and falling per capita GDP levels.