Robex Resources agrees to pay $22.3M, increase gov't stake in Nampala Gold Mine, and align with Mali's 2023 Mining Code.

Robex Resources Inc. has reached an agreement with the Malian government to settle all tax and customs claims related to its Nampala Gold Mine before December 31, 2023. The deal includes a payment of approximately $22.3 million and an increase in the government's stake in Nampala SA from 10% to 20%. This partnership aims to facilitate further investments and job creation, while also aligning with Mali's new 2023 Mining Code. Execution of the agreement is expected within 90 days.

September 17, 2024
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