Padenga invests US$17 million in exploration

Padenga Holdings owns and manages two operating units.

PADENGA Holdings (Padenga) has this year set aside US$17 million for exploration activities at its subsidiary, Dallaglio Investments, as it moves to commercialise some of its untapped mineral assets. The move comes as mining operations, anchored by Eureka Mine and Pickstone Peerless Mine, now dominate the group’s earnings, contributing 94,4 percent of total revenue, while…

Subscribe to read full article. Subscribe today

Related posts

TSL seeks nod for VFEX migration

CBZ flags earnings risk from fee cuts

PLZ invests in local community

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More