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Sarama Resources Advances Australian Gold Projects Amid $120M Burkina Faso Arbitration
2:38am on Monday 2nd of June, 2025 AEST
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Mining
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Sarama Resources Advances Australian Gold Projects Amid $120M Burkina Faso Arbitration
2:38am on Monday 2nd of June, 2025 AEST
Key Points
Acquisition of majority interests in Cosmo and Mt Venn Gold Projects in Western Australia
Mt Venn acquisition pending shareholder approval in June 2025
Legal arbitration initiated against Burkina Faso government seeking at least $120 million in damages
Q1 2025 net loss increased to $673,644 amid higher exploration and legal costs
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