In an industry where sustainable development and community engagement are increasingly becoming the cornerstones of success, the recent news about Atico Mining's investment agreement with the Government of Ecuador for the development of the La Plata Project stands out as a beacon of progress. This partnership is not just about the economic implications but also underscores the importance of collaborative efforts between corporations and governments to ensure that mining operations contribute positively to local communities and the environment.
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🌟 Exciting mining news from #Ecuador! The Ministry of Environment has granted the Environmental License for the El Domo-Curipamba project by Adventus Mining Corporation and Salazar Resources Ltd.. After 17 years of dedicated effort, Salazar CEO Fredy Salazar expresses gratitude for the new opportunities this approval brings to the people of #Ecuador. Adventus CEO Christian Kargl-Simard celebrates this "tremendous achievement," acknowledging the transparent project advancement. 🙏 📍 Situated approximately 150km from #Guayaquil, El Domo-Curipamba features a high-grade copper-gold deposit starting at just 30m from the surface, with Adventus Mining Corporation holding a 75% stake and Salazar Resources Ltd. 25%. 🌱 The journey towards responsible and sustainable development is well underway. 🚀 In late 2023, Adventus unveiled plans for a strategic merger with Luminex Resources, aiming to propel the El Domo-Curipamba project towards production. This merger will create a unified company, consolidating a substantial gold-copper development and exploration portfolio in #Ecuador, covering over 135,000 hectares across 13 projects, including Luminex's Condor gold project in southeast Ecuador. Adventus had previously secured a US$235.5 million stream/offtake project finance package for El Domo-Curipamba with Wheaton Precious Metals and Trafigura. Everything appears to be on track for future production. 🌐 If your company is seeking mining opportunities in the #Andean region, our #saas platform is the place to explore critical #licensing, #mining and #environmental information on the Andean region. The image below displays the extension of some of Adventus concessions and the location of the El Domo–Curipamba copper-gold project. We are powered by ESRI Schweiz AG and Amazon Web Services (AWS) technologies. 🚀 #EcuadorMining #Andes #SustainableDevelopment #MilestoneAchievement
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Saskatchewan retains its title as Canada’s premier destination for mining investment, reaffirmed by the latest Annual Survey of Mining Companies released by the esteemed Fraser Institute. As the third-ranked jurisdiction globally, Saskatchewan showcases its unwavering allure for mining ventures, bolstering economic growth and job creation in our Region. This praise reflects not only our abundant mineral resources, but highlights the advantageous policy environment cultivated for mining investment! #SaskatchewanMining #EconomicDevelopment #InvestmentOpportunities
Fraser Institute News Release: Saskatchewan 3rd most attractive jurisdiction worldwide for mining investment; Newfoundland & Labrador, Ontario, Manitoba, and Quebec also in global top 10
globenewswire.com
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A new agreement between the Nisga’a Nation and Vega Mining Inc will help unite Indigenous groups across Canada’s natural resource and Indigenous business sectors. Vega Mining will acquire from the Nisga’a Nation the rights to five annual benefit payment entitlements (royalties) in Benefit Agreements the Nisga’a Nation has in place in respect of mines and projects within the Golden Triangle Area located in Northwest BC, in exchange for common shares in the capital of Vega Mining. Once the transaction is complete, Vega Mining will be renamed “Nations Royalty Corp.” and is set to become Canada's largest majority Indigenous-owned public company, poised to be a significant player in the mining royalty sector. Eva Clayton, President of Nisga'a Lisims Government, stated: “Our people have a history of leadership and innovation, from significant legal victories to the first Modern Treaty in British Columbia. Today, we embark on this new venture with Indigenous groups and leaders from the mining industry to promote cooperation and progress, ushering in a new era in Indigenous business, as well as Canada's mining and natural resources sector.” “Over the past 30 years, most new mines in Canada have royalties included in Benefit/Collaborative Agreements, a majority of which have been through Canada’s rigorous permitting processes, which involves consultation with and consent from Indigenous Peoples... Nations Royalty will create a unique opportunity for economic reconciliation and increased transparency in the mining industry. A core focus of the Company is to build capacity for Indigenous people in the management of public companies and capital markets, which we hope will result in the creation of additional Indigenous economic ventures,” Frank Giustra, Strategic Advisor to Nations Royalty. For full details: https://lnkd.in/g4JwXTVZ #firstnations #economicreconciliation #naturalresources #equity https://lnkd.in/gdKhNxiA
British Columbia’s Nisga’a Nation plans Indigenous-majority owned royalty company - MINING.COM
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KAGEM DELIVERS ZMW 38 MILLION (USD 1.5 MILLION) DIVIDEND TO THE IDC Kagem Mining Limited (Kagem) has handed over ZMW 38 million (USD 1.5 million) to the Industrial Development Corporation (IDC).The funds represent dividends from 2023 to the government’s investment arm, which owns 25% of the shares in what is believed to be the world’s largest producing emerald mine, and underscore Kagem’s ongoing commitment to contribute to Zambia’s economic development. The handover highlights Kagem’s continued dedication to striving towards responsible mining practices and transparent financial management and reinforces the company’s commitment to adhering to the ‘G-Factor for Natural Resources’ model championed by…READ MORE HERE https://lnkd.in/gngNTTgk
Kagem delivers ZMW 38 million (USD 1.5 million) dividend to the IDC
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🌎 The Rise of Mining Operations in Guyana 🌎 🛠️ Explore the dynamic growth of the mining sector in Guyana, a country that is rapidly becoming a hotspot for mineral exploration and development. This article examines the types of minerals being extracted, including bauxite, gold, and diamonds, and the impact these operations are having on the local economy and global markets. Learn about the challenges and opportunities faced by mining companies in Guyana, including environmental concerns, infrastructure needs, and community relations. Discover how local and international investors are contributing to the development of Guyana's mining capabilities, and the strategies being implemented to ensure sustainable and responsible mining practices. 🌿💎 👉 Read the full article on Highways Today: https://lnkd.in/e8gAGY6m #Mining #Guyana #ResourceDevelopment #GlobalMining #HighwaysToday #SustainableMining #EconomicGrowth #MineralExploration
Holder Resources commits to Mining expansion in Guyana Holder Resources commits to Mining expansion in Guyana
https://highways.today
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“We expect the promising mining industry to support our manufacturing, infrastructure, and construction sectors, with spillovers to the broader economy through more and higher-quality jobs for all Filipinos even as we work toward our climate change commitments under the Paris Agreement,” the NEDA chief said. The Mining Forum, organized by the Department of Environment and Natural Resources in collaboration with the Stratbase Institute, aims to unite industry experts and other stakeholders to work closely with the government to implement policy reforms to ease regulatory obstacles and position the Philippines as a significant contributor to the global green economy. https://lnkd.in/gJneY-Fe
Mining sector to drive green tech, job growth - Manila Standard
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By Tendani Rampai, mining industry advisor and Stewart Nupen, associate director – @Deloitte Technical Mining Advisory Africa has faced numerous challenges in sustainably and efficiently leveraging its vast mineral wealth to drive sustainable and inclusive economic growth. Challenges include barriers to trade, fragmented markets, limited access to capital, as well as specialised mining and downstream industrial equipment, machinery and technologies. This has hindered the growth and global competitiveness of the African mining sector. #AfricanMining #Barrierstotrade #Downstream #IndustrialEquipment #EconomicGrowth #FragmentedMarkets #LimitedAccesstoCapital #MachineryandTechnologies #SpecialisedMining
Impact of the AFCFTA agreement on mining sector trade alliances - African Mining Online
https://www.africanmining.co.za
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Kuvimba Mining House has secured a $310 million investment from a consortium of British and Chinese investors. The agreement, announced on Thursday, entails the construction of a state-of-the-art lithium concentrator at the Sandawana Mines, a site historically renowned for emerald mining under Rio Tinto until 1993. The transaction is structured as a Build, Operate, and Transfer (BOT) arrangement, set to last six years. This investment underscores Zimbabwe’s strategic importance in the global lithium market, with the new plant expected to process 3 million metric tons of ore annually, producing 600,000 metric tons of lithium concentrate each year. The facility is slated for commissioning within 18 months, marking a significant milestone in the country’s drive to enhance value addition in its mining sector. To read the full article follow this link: https://lnkd.in/dncB9t_w #NewsUpdate #LatestNews #DailyNews #TopStories #LocalNews #CityNews #WorldNews #InternationalNews #GlobalNews #Politics #PoliticalNews #Government #Elections #BusinessNews #Economy #MarketUpdate #FinanceNews #TechNews #TechUpdate #Innovation #EntertainmentNews #CelebrityNews #MovieNews #MusicNews #SportsNews #SportsUpdate #LiveScores #GameDay #HealthNews #Wellness #MedicalNew #HealthUpdate #Environment #ClimateChange #Sustainability #GreenNews #LifestyleNews #TravelNews #FoodNews
Kuvimba Mining House Secures $310 Million Deal with British and Chinese Investors for Zimbabwe Lithium Plant
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We are pleased to have signed an exclusive Option Agreement with Kalamazoo Resources (ASX:KZR) to acquire the Ashburton Gold Project, strategically located 290km south of De Grey Mining Ltd’s Hemi Gold Project and 35km from Paraburdoo. Ashburton consists of a highly prospective exploration package containing a 1.44 million ounce #gold resource, one of the largest unmined gold resources in the #Pilbara. Preliminary Due Diligence conducted by #DEG has highlighted the potential to economically deliver concentrate from Ashburton to the proposed Hemi POx plant, enhancing Hemi’s currently attractive project economics. #DEG’s Managing Director, Glenn Jardine said: “The proposed 10Mtpa gold plant at Hemi, including a 0.8Mtpa POx circuit, will be a Regionally strategic asset that provides the Company with the potential to treat gold ore and concentrates from other Regional gold Projects. This leverage has the potential to increase Hemi’s annual gold production rate, economic returns and Project life.” Read more here ➡ https://lnkd.in/gPVVwgRC #ASXNews
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Kingfisher Mining Limited (ASX:KFM) has completed the sale of its 100% interest in the Boolaloo Project in WA to Black Cat Syndicate Ltd for 2 million fully paid ordinary shares in Black Cat based on a share price of $0.28 per share and valued at $560,000. The company will also receive a 0.5% net smelter return royalty on #gold and #copper produced from all the Boolaloo tenements. Boolaloo is located 35 kilometres from Black Cat’s Paulsens Gold Operation and adjoins Black Cat’s Ashburton tenure. The sale of this non-core asset enables Kingfisher to focus on exploration for #CriticalMetals at its wholly-owned projects in the highly prospective Gascoyne Mineral Field of Western Australia. More at #Proactive #ProactiveInvestors #ASX #KFM #GoldMining #MiningAustralia #BatteryMetals #CriticalMinerals http://ow.ly/5ccL105fjjS
Kingfisher Mining completes Boolaloo sale following strong quarter
proactiveinvestors.com.au
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