Oriole Resources PLC 2017 AR2
The report outlines Stratex International PLC's activities and financial performance for the fiscal year 2017. Key highlights include the sale of the company's 45% interest in the Altintepe gold mine in Turkey for US$8 million net, and the sale of its 13.7% interest in Goldstone Resources Limited. The company also advanced its exploration projects, including the Dalafin gold project in Senegal through an option earn-in agreement with IAMGOLD Corporation, and maintained its 30.1% interest in Thani Stratex Resources. Despite a challenging year with one-off costs from an aborted acquisition, the company remains focused on maximizing shareholder value through gold and base metal exploration in Africa and Europe.
Company: Oriole Resources PLC
Sector: Mining & quarrying
Country: United Kingdom
Year: 2017
Type: AR2
Pages: 56
Oriole Resources PLC
The report outlines Stratex International PLC's activities and financial performance for the fiscal year 2017. Key highlights include the sale of the company's 45% interest in the Altintepe gold mine in Turkey for US$8 million net, and the sale of its 13.7% interest in Goldstone Resources Limited. The company also advanced its exploration projects, including the Dalafin gold project in Senegal through an option earn-in agreement with IAMGOLD Corporation, and maintained its 30.1% interest in Thani Stratex Resources. Despite a challenging year with one-off costs from an aborted acquisition, the company remains focused on maximizing shareholder value through gold and base metal exploration in Africa and Europe.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees