The Hershey Company has announced a five-year agreement with nine cocoa-producing cooperatives in Côte d’Ivoire, a major step towards achieving its ‘Cocoa For Good’ strategy. This initiative, backed by a $500 million investment, aims to improve farmer incomes, bolster farm resilience, and ensure a sustainable cocoa supply chain. The agreement underscores Hershey’s commitment to addressing the challenges faced by cocoa farmers and creating positive impact within the communities they serve.
Fortuna Mining Corp. has announced positive exploration updates from its Séguéla Mine in Côte d’Ivoire, highlighting the significant potential of the Kingfisher prospect and the continued exploration at the Sunbird deposit. Drilling results show promising gold mineralization at both locations, indicating potential for both open-pit and underground mining. Fortuna plans to continue exploration efforts throughout the remainder of 2024, with the goal of establishing a maiden inferred mineral resource for Kingfisher early in 2025.
**Montage Gold Corp. (TSXV: MAU) (OTCQX: MAUTF)** has obtained a signed Ministerial Order from the Ministry of the Environment, Sustainable Development and Ecological Transition of Côte d’Ivoire, granting the necessary environmental approvals for the development of its Koné project. The Environmental Permit includes approval for in-pit tailings disposal, making Koné the first mine in Côte d’Ivoire to receive this approval. Montage has also submitted the mining permit applications for the Koné project and anticipates receiving all necessary approvals during H2-2024.
