Ascent Resources plc said it would focus its environment, social and governance (ESG) projects on secondary mining and recovery in Peru. JOINT VENTURE The company has signed a joint venture (JV) agreement with Lima-based investment manager Blanco Safi SAC to identify and develop precious and base metal-rich tailing and processing operations. Founded in 2010, Blanco’s […]
Tag: Ascent Resources plc
Ascent secures non-recourse funding for Slovenia claim
Ascent Resources plc announced it had signed a binding damages-based agreement for its arbitration claim against the Republic of Slovenia. ARBITRATION Ascent said that the agreement was with Enyo Law LLP who filed the notice of dispute and represented the company in the pre-arbitration negotiations. The agreement will start arbitration proceedings against Slovenia under the […]
Ascent targets H2 for first agreement on ESG mining
Ascent Resources plc said it was making progress on multiple fronts following last year’s restructuring of its board, strategy and portfolio of interests in Cuba and Slovenia. FINANCES In its interim results for the six months ended 30 June 2021, the company reported revenue of £nil with closing cash at £766,000 (H1 2020: £304,000). Losses for the period were […]