West African firm Golden Rim Resources has signed a binding agreement to divest its Kouri and Babonga gold projects in Burkina Faso, to Burkinabé mining company Baor, in a $15.5m deal.
Baor will acquire a 100% stake in Golden Rim’s Burkina Faso subsidiary company that owns the Kouri and Babonga assets.
In exchange, Baor will make a…