Blencowe Resources has secured a grant of US$5 million from the US government-supported Development Finance Corporation (DFC) for a definitive feasibility study on its Orom-Cross graphite project in Uganda.
Blencowe Resources – Strategic Funding Partner for Orom-Cross Graphite Project
Development Finance Corporation (“DFC”) engaged to fund 50% of Project Definitive Feasibility Study (“DFS”) costs by way of a Technical Assistance Grant
Uganda claims that it has 31 Million Tonnes of gold ore
Uganda claims that recent exploration surveys show it has gold ore reserves of approximately 31 million tonnes. It wants to attract large investors to develop this sector, which is currently
Stocks on The London Stock Exchange rises as the Federal Reserve eases its concerns.
Investors cheered news of a bipartisan agreement on a package of infrastructure spending in the United States, sending London markets higher at the close of the week.
Blencowe Resources PLC (BRES.L) CEO Interview with Mike Ralston
Charlie Gibson speaks to Mike Ralston of Blencowe Resources, who just last week raised £2 million in the London market to invest in their Orom-Cross graphite deposit in Uganda.
Tullow Oil PLC (TLW.L) Sale of entire stake in Uganda to Total for $575m
Tullow agrees sale of its entire stake in the Lake Albert Development Project in Uganda to Total for US$575 million in cash plus post first oil contingent payments
Uganda to Regulate Cryptocurrency as Fake Bitcoin Schemes Surge
Uganda will seek to regulate crypto assets to prevent criminals from exploiting digital currencies to scam citizens. This comes as thousands of Ugandans have fallen victim to a number of