Business Emerging Markets Headlines Mauritania

Mauritania: Aya Gold & Silver Inc. announces spin-off and creation of growth-oriented gold company

Aya Gold & Silver announced a preliminary agreement to sell its Tijirit mine in Mauritania to Mx2 Mining, a new company focused on developing gold projects in North Africa. As part of the deal, Aya will invest approximately CAD 7.5 million in Mx2, making it the majority shareholder and securing two seats on the Board […]