Orea Mining Sanctions and Corporate Update

2023-06-09 04:32:20 VANCOUVER, BC, June 9, 2023 /CNW/ – Orea Mining Corp. (“Orea”) (TSX: OREA) (OTCQB: OREAF) (FSE: 3CG) provides an update on the closing of the acquisition of the additional 55.01% interest (for a total of 100%) in the Montagne d’Or gold project holding company (“HoldingCo“) (the “Acquisition“) in French Guiana, France. The closing of […]

Orea Mining Obtains Approval of French Sanctions Authorities for Acquisition of 100% of 5 million Ounce Montagne d’Or Gold Deposit

2022-09-13 04:34:11 VANCOUVER, BC, Sept. 13, 2022 /CNW/ – Orea Mining Corp. (“Orea”) (TSX: OREA) (OTCQB: OREAF) (FSE: 3CG) is pleased to report that the French government ministry responsible for overseeing matters related to Russian sanctions, has approved the proposed transaction with Nord Gold plc (“Nordgold“), whereby Orea is acquiring Nordgold’s 55.01% interest (for a total […]

Colombia stepping up oil, coal production amid Russia sanctions

2022-06-13 The European country stopped buying Colombian coal in 2016 on human rights concerns. “Six years ago Ireland had replaced Colombian coal with Russian coal … but at the beginning of the war they came knocking at our doors again,” Mesa said. The demand for coal is so high that mining companies like Drummond, one […]

Binance restricts services in Russia following the EU’s latest sanctions

2022-04-21 The world’s largest cryptocurrency exchange by trading volume, Binance is set to restrict services to Russian persons or entities with crypto assets exceeding the value of 10,000 euros ($10,885). Measures imposed by the European Union’s fifth round of sanctions against Russia mandate that Binance place restrictions on the use of its services by individuals […]