Currently viewing Global edition

Canadian firm Orea seeks deal with Russian partner Nord Gold

Toronto-listed junior Orea Mining has started negotiations with sanctioned Moscow-headquartered Nord Gold (Nordgold) on obtaining the Russian firm’s 55.01% stake in their Montagne d'Or joint-venture in French Guiana.

Canadian firm Orea seeks deal with Russian partner Nord Gold Canadian firm Orea seeks deal with Russian partner Nord Gold Canadian firm Orea seeks deal with Russian partner Nord Gold Canadian firm Orea seeks deal with Russian partner Nord Gold Canadian firm Orea seeks deal with Russian partner Nord Gold

Orea seeks deal with Nord Gold

Orea has also secured permission from the US Department of Treasury's Office of Foreign Assets Control (OFAC) to extend the deadline to wind down its joint venture to August 31 from an originally