Pampo Andino Data
Buenaventura says new mine to kick off production in November 2016-09-15Peruvian precious metals miner Buenaventura expects its Tambomayo mine to produce its first bar of gold in November and reach full output at the end of this year or the start of next, the company said late on Wednesday. Renzo Macher, Tambomayo's project manager, told reporters on the sidelines of a mining conference that the underground mine should produce at least 120 000 oz of gold next year.
Buenaventura expects key permit for gold project by end of year 2015-09-23Peruvian precious metals miner Buenaventura expects the government to issue an environmental permit for its San Gabriel gold project at the end of the year, the company's vice president of operations said Tuesday. Igor Gonzales added that San Gabriel, formerly called Chucapaca, will likely produce around 200 000 oz/y of gold starting in the first quarter of 2018. The mine will cost between $460-million and $520-million.
Nearby Location News
Minera IRL to also delist from TSX as Peruvian subsidiary coup drags on 2015-10-29Minera IRL intends to delist from the TSX on the loss of control of its Peruvian subsidiaries, not being able to file financial statements to securities regulators and being unsure who is buying gold from its Corihuarmi mine, in Peru. The Latin America-focused gold junior had in September requested a precautionary suspension from trading on the LSE’s Aim, as control within the company’s two Peruvian operating subsidiaries, Minera IRL SA and Compania Minera Kuri Kullu had been compromised.
IRL resumes Peru gold mine operations after deal with locals 2015-09-08Minera IRL restarted operations at its Corihuarmi gold mine, in central Peru after reaching an agreement with locals who had taken control of the unit, the company's co-founder said Tuesday. Activity resumed late on Monday after IRL reassured protesters that it remained committed to funding community development projects, Diego Benavides, president of the company's Peruvian unit, said.
ASX: High-grade Copper-Gold Target at Mancha Pampa, Peru 2015-07-21