Côte d’Ivoire/Burkina Faso: John Dorward to leave Roxgold after Fortuna merger offer
The Canadian mining company, due to make an investment decision regarding the development of the Séguéla gold mine in western Côte d’Ivoire, has its management disrupted by the merger with Fortuna Silver Mines Inc.
26/04/2021 at 19h10, by Africa Business+
The transaction between the two companies, listed in New York and Toronto, is valued at around C$1.1 billion and has yet to get the green light from the stock market authorities. Its finalisation is scheduled for next July. Appian Capital Advisory LLP, Roxgold’s largest shareholder (13%) has given the green light to the transaction.
Recommended articles
Mines
29/09/2023 at 17h19, by Africa Business+
Senegal: Fortuna Silver Mines plans to invest $10m in Diamba Sud gold mine exploration
The Canadian mining company has just acquired this Senegalese gold project through the takeover of Chesser...
Mines
25/09/2023 at 12h20, by Africa Business+
West Africa: Blakes, Cassels & Graydon lawyers mobilised for acquisition of Chesser Resources by Canadian Fortuna Silver Mines
Fortuna Silver Mines, the operator of the Séguéla and Yaramoko mines in West Africa, was backed by ten...
Mines
17/12/2020 at 15h59, by Pierre-Olivier Rouaud
Inside Roxgold, the company Jean Claude Kouassi gave a permit to mine gold in Côte d’Ivoire
Already active in Burkina Faso, Canadian group Roxgold is growing its West African assets after securing...