Barrick JV: Loncor boosts its fundraising to increase gold reserves in DR Congo
The Canadian gold exploration company has a joint venture partnership with Barrick Gold and Resolute Mining.
Someone shares this article with you
▪ Barrick JV: Loncor boosts its fundraising to increase gold reserves in DR Congo
▪ The Canadian gold exploration company has a joint venture partnership with Barrick Gold and Resolute Mining.
▪ https://www.africabusinessplus.com/en/806983/barrick-jv-loncor-boosts-its-fundraising-to-increase-its-gold-reserves-in-dr-congo/
After an initial C$4 million closed on 3 February, Loncor increased its latest private placement financing to C$5.75 million on 12 February. The latest transaction results in a C$750 000 (€488 700) revaluation of its initial forecast.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Mines
13/01/2023 at 20h08, by Africa Business+
DR Congo: Tshisekedi’s artisanal gold sales channel to the Emirates gets underway
Production under the JV with the United Arab Emirates authorised at the end of December 2022 is still...
Mines
18/11/2022 at 20h18, by Gaëlle Arenson, updated 23/01/2023
Barrick’s CEO Mark Bristow wants to make Lumwana and North Mara/Bulyanhulu Tier One assets
The gold giant, present in 18 countries worldwide, operates 13 mines, four of which are world-class...
Mines
28/04/2022 at 16h53, by Africa Business+
Firefinch looking for acquisitions after relaunching Morila gold mine in Mali
After the Australian junior separated its gold and lithium activities (Goulamina project and Ganfeng)...
Mines
19/01/2022 at 15h12, by Africa Business+
Tanzanian Gold Corp signs deal with Lincoln Park Capital to sell $10m shares
The New York and Toronto-listed yellow metal producer recorded a positive cash flow for the first time...
Mines
15/12/2021 at 09h23, by Africa Business+, updated 16/12/2021
Arnold Kondrat’s Loncor Gold negotiates electricity supply in DR Congo
The Canadian company, set up by Arnold Kondrat, the founder of local gold producer Banro Corp, is studying...
Mines
29/09/2021 at 18h14, by Africa Business+, updated 30/09/2021
Yves Kabongo seeks $55 million Zani-Kodo project for Central African Gold
With dual Congolese (DR Congo) and Canadian citizenship, entrepreneur Yves Kabongo has been in the news...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.