Puma Exploration to Acquire 100% of Murray Brook Deposit and Significant Land Package in the Brunswick Belt in New Brunswick 2016-10-13
RIMOUSKI, QUÉBEC--(Marketwired - Oct. 13, 2016) - Puma Exploration (TSX VENTURE:PUM)(SSE:PUMA) is pleased to announce that it has executed an asset purchase agreement with Votorantim Metals Canada Inc. and signed a letter of intent with El Nino Ventures (ELN-V) to acquire, respectively, approximatively 67.9% and 32.1% beneficial interest in the Murray Brook Zn-Pb-Cu-Ag Volcanogenic Massive Sulphide ("VMS") deposit located in the famous Bathurst Mining Camp ("BMC") of northern New Brunswick. The Murray Brook property consists of Mining Lease 252 and contiguous Mineral Claim Block 4925 (245 claims) located 4 km west of the producing Caribou Mine, which is owned and operated by Trevali Mining Corporation. Both of the aforementioned transactions are expected to close on or about November 15th, 2016.
Solitario Announces Milpo / Votorantim Have Earned a 61% Interest in Its BongarÃ¡ Zinc Project, Peru 2015-04-02DENVER--(BUSINESS WIRE)--Solitario Exploration & Royalty Corp. (“Solitario;” NYSE MKT: XPL; TSX: SLR) is pleased to announce that Votorantim Metais (“Votorantim”) and its successor in interest, Compañía Minera Milpo S.A.A. (“Milpo”; Lima Stock Exchange: MILPOCI) have earned a 61% interest in Solitario’s Bongará Zinc Project in Peru. Votorantim completed all the conditions necessary to earn its interest and Solitario now holds a 39% interest in the project. As previously announced (November
General 2015-05-10Mira unit will be built in three phases and each one of them will increase production capacity in 1 million tons a year. CBA is owned by Votorantim
Nearby Location News
Brazil's Vale expects Samarco to restart mid-2017 2016-08-26Brazilian miner Vale expects Samarco, an iron-ore joint venture it owns with BHP Billiton, to restart operations in the middle of 2017, a company executive said on Thursday. Samarco's mine has been shut since November when a tailings dam on the site burst, killing 19 people and causing Brazil's worst ever environmental disaster.
Samarco unlikely to reopen this year â BHP Billiton 2016-07-14The Samarco iron-ore operation, in Brazil, was unlikely to reopen this calendar year and the workforce would be adjusted to reflect reduced production, 50%-owner BHP Billiton reported on Thursday. The company, which owned Samarco in a partnership with fellow iron-ore major Vale, reported that clean-up activities continued following the November 2015 fatal dam collapse, which killed 19 people and left BHP and Vale with a major civil claim.