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TMRC Announces Successful Completion of Geophysical Investigation in the Blackhawk Silver/Nickel/Cobalt Mining District, Identifies 16 Potential Drill Targets

TMRC Announces Successful Completion of Geophysical Investigation in the Blackhawk Silver/Nickel/Cobalt Mining District, Identifies 16 Potential Drill Targets
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Ma aden buys key stake in top US miner Ivanhoe Electric

Saudi Ma aden to Acquire 9 9% of Shares of Ivanhoe Electric

The Saudi Arabian Mining Company (Ma’aden) announced on Monday the signing of a master clauses agreement to buy 9.9% of the shares of Ivanhoe Electric Inc. The agreement will also establish a 50/50 exploration joint venture (JV) in the Kingdom to contribute in conducting one of the largest exploration programs in the world. This joint agreement will grant Ma’aden the rights to use Ivanhoe’s Typhoon TM geophysical surveying technology, which will in turn accelerate the exploration of mineral sites in the Kingdom, valued at $1.3 trillion.

Ma aden and Ivanhoe form JV to explore minerals in Saudi Arabia

Ma’aden and Ivanhoe Electric have agreed to form an equally owned joint venture to undertake exploration programmes.

Ma aden buys key stake in top US miner Ivanhoe Electric

Saudi mining company Ma’aden has sealed a deal to acquire 9.9% shares of US mining technology company Ivanhoe Electric for $126.5 million and also establish a joint venture with the group to undertake one of the largest exploration projects ever.

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