La Libra, Facebook's digital currency, announced for 2021 in reduced format

The launch of Facebook's digital currency, Libra , could take place in 2021. The project may benefit from favorable factors in the global economy, but regulators will have to be convinced first.  Facebook could launch Libra, its digital currency in 2021, we learn from the British media Financial Times, which quotes people close to the process. The product is expected to arrive in a limited version, after the project has met with great aversion from regulators, including in the United States, the country where the headquarters of the social media management company are located. The stakeholder association behind this digital currency project is now planning to launch a single version of Libra that will itself be pegged to the dollar, at the rate of one unit of US currency for each Facebook digital currency . “The other forms of currencies will be deployed at a later stage,” the FT source added. The exact launch date will depend on when the project

DRC: Barrick consolidates exploration portfolio in Ngayu gold belt

Mining giant Barrick Gold is further consolidating its position on gold in the DRC. He has just concluded a new joint venture agreement with his partner Loncor on two exploration permits. The agreement allows both parties to strengthen their control over the Ngayu gold belt.

Barrick consolidates exploration portfolio in Ngayu gold belt

Mining company Barrick Gold signed a joint venture agreement this week with a subsidiary of Loncor Resources for two new exploration licenses in the Ngayu gold belt in northeastern DRC. It is consolidating its project portfolio in an area where it already owns the Ngayu gold project, with a core drilling program currently underway on several priority targets.

After completing the drilling and financing a pre-feasibility study, the mining giant will hold 65% of the joint venture intended to exploit the deposits that may be discovered. A feasibility study will be conducted for this purpose with joint funding from Barrick and Adumbi (the Loncor subsidiary).




"We are pleased to see that Barrick's confidence in the Ngayu gold belt continues to grow. This new joint venture strengthens Loncor's and Barrick's control of the Ngayu gold belt as partners, ”commented Loncor CEO Arnold Kondrat.