Newlox Gold Ventures Corp. is an environmental remediation company recovering contaminants and residual precious metals from historical waste left behind over more than a century of inefficient artisanal and small-scale mining in politically and socially stable jurisdictions in Latin America.
The Newlox environmentally and socially responsible business model has been deployed after extensive experience in the region and with the help of the Company’s technical advisors at the Norman B. Keevil Institute of Mining Engineering at the University of British Columbia (“UBC”) which, provides the Company with unique advantages, such as not having to undertake exploration work or mining, resulting in dramatically reduced processing costs. Newlox also benefits from the high grades, which are characteristic of artisanal mine tailings due to the inefficient processing techniques used by the original miners.
The Company, with the guidance of its advisors at UBC, has also identified important remediation technologies designed to recover deleterious materials present due to historical artisanal mining practices and will be deploying these systems in the field as part of the commissioning process.
The Company has signed agreements with local artisanal mining cooperatives to provide a steady supply of historical tailings as well as newly created feedstock for its first fully operational processing plant in Central America.
With hundreds of years of mining history in Latin America and inefficient artisanal processing continuing to this day, the Company has identified and secured a compelling opportunity to grow its business model. Newlox has identified a niche within the extractive industry where a clean-technology company can apply innovative processing techniques to recover not only precious metals but also affect positive change in the environmental and social landscape in its targeted jurisdictions of operations.
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Industry
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Mining
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Company size
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11-50 employees
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Headquarters
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West Vancouver, British Columbia
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Type
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Public Company
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Founded
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2014
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Specialties
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gold, silver, precious metals, environmental remediation, green technology', and R&D
