Member Info for nidgeyr

AIMInvestor my apologies -

Nativo Resources signed final contracts to manage, complete and operate the part-built La Patona Gold Ore Processing Plant in southern Peru, with construction and commissioning targeted for the second half of 2026 at an estimated cost of $1.8m.

Chief executive Stephen Birrell said the company was encouraged by progress at the plant and had "full confidence that the next phase of work will be expertly led by Bernardino Alegría Aragón", adding that the project represented "a compelling opportunity, particularly in light of the strong global demand for gold."

Do you need to give your head a shake AIMInvestor?

Engagement of Mining Contractor for Bonanza

Mining expected to commence during February

Nativo Resources plc (LON:NTVO), a gold-focused mining company with interests in Peru, is pleased to announce it has engaged Constructora e Inversiones Andina Kuboc C&P SAC ("Kuboc") as Mining Contractor to operate the Bonanza Gold Mine on the Company's wholly owned Tesoro Concession in the Arequipa region, within the Nazca-Ocona gold corridor.

Founded in 2019, Kuboc is an experienced Peruvian mining services provider currently operating two mines. It has expertise in non-ferrous metals (including gold) as well as transport and construction in the mining sector. Kuboc is authorised by the Peruvian Ministry of Energy and Mines (MINEM) for exploration, exploitation, development and beneficiation of minerals.

Kuboc intends to mobilise its initial team of 25 next week and recommence production during this quarter. The initial operations will target areas of Bonanza containing grades of between 5-25 g/t of gold, aiming to mine between 50-90 tonnes of vein material per month, while confirming grades and mine integrity.

In total, the headcount at the camp and mine will reach around 32, encompassing subsurface operators, explosives experts, security and accommodation/food services providers.

Immediate operations following mobilisation will see Kuboc undertaking preparatory works including widening shafts and galleries and installing equipment at the shaft head for more efficient recovery of material to surface. On this expected timeline, Nativo also expects to have first sales within this quarter.

The new mine plan will evolve with production and in consultation with Nativo's geologists. Nativo's objective is to increase production to between 150-300 tonnes per month after approximately the first three months.

Kuboc will be deploying industrial pyrotechnics at the mine through a separate service provided by Frasser SAC, using the Apollon Classe IV product line. This form of fragmentation service is specialised for narrow vein architectures in small mines such as Bonanza and reduces the risk of collapse, waste product and damaging vibrations.

Nativo is further pleased to announce the engagement of IPECPROM Mining Operations ("IPECPROM") to provide mine camp logistics and catering in support of the operations. IPECPROM has already mobilised to site, supporting pre-mining activities, including logistics planning, construction of new accommodation and shower/toilet facilities and providing food, cleaning and bedding services.

Wakey wakey Downagain - Kuboc have been there for months

Yep, realised that when I pressed the send button !

"Marcel Sunyoto serves as the Director of PT Karya Res Lisbeth Mineral and is currently the only individual reported in connection with the case"

Https://noi.pikiran-rakyat.com/news/pr-4049549459/zircon-sand-mining-scandal-in-central-kalimantan-police-to-name-suspect-this-week?utm_source=chatgpt.com

Https://jawawa.id/newsitem/mid-april-already-approval-of-2026-mining-rkab-complete-at-90-1776257480

Have you got a FeverRay?

Bye bye CP

PMSL

Goodbye :)

Derampers in force 🤪

Reminder........ https://namibiaoilandgas.com/2025/05/21/oil-resource-uplift-comes-to-light-in-namibian-offshore-basins-sweet-spot/

Appears that others share my view -

"Yeah, offtake samples should be sent after the radionuclide testing that's mentioned at the bottom of the RNS. MRE and scoping study seem roughly on track for Q2/Q3, so think PFS work can start this year and first production during a pilot study in H1 2027. Full production only after PFS/DFS like for any other company,"

I prefer to be classed as a realist not a troll

More blah blah, they are a long way to making this commercial, maybe look again this time next year

🇨🇴 How Colombia’s Political Climate Could Affect Orosur Mining Ltd (Deep Dive)

Orosur is a junior explorer, which means political risk hits it harder than majors. Here’s the most relevant, practical breakdown.

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1. Security & Armed Groups in Antioquia

Antioquia — where the Anzá Project sits — is one of Colombia’s most complex security environments.

Armed groups active in the region include:

• Gulf Clan (Clan del Golfo)

• FARC dissidents

• ELN guerrillas

These groups are heavily involved in illegal gold mining, extortion, and territorial control.

Why this matters for Orosur:

• Exploration teams may face restricted access to certain zones

• Drilling campaigns can be delayed or halted

• Security costs rise

• Juniors have less leverage and fewer resources to manage these risks

For a company Orosur’s size, even a 3–6 month delay can materially affect cash flow and investor sentiment.

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2. Regulatory Uncertainty Under the Current Government

Colombia’s government is divided on mining:

• Some want to expand formal mining to fight illegal operations

• Others want to tighten environmental controls

• Others push for greater Indigenous consultation

Impact on Orosur:

• Permitting timelines may stretch

• Environmental approvals may require more studies

• Community consultation obligations may increase

• Policy direction can shift after elections or cabinet changes

A junior explorer is extremely sensitive to regulatory drift because delays = dilution.

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3. Community & Social Licence Pressures

Colombia’s mining politics increasingly revolve around:

• Indigenous land rights

• Afro‑Colombian community claims

• Environmental activism

• Local referendums

For Orosur:

• Any misalignment with local communities can cause blockades

• Social licence issues can halt drilling

• Juniors must spend more on community engagement than they used to

Majors can absorb this. Juniors cannot.

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4. Illegal Mining Competition

Illegal miners often invade concessions in Colombia, especially in Antioquia.

Risks for Orosur:

• Illegal miners entering or operating near concessions

• Safety risks for staff

• Environmental damage blamed on the company

• Increased security and monitoring costs

This is one of the biggest practical risks for any gold explorer in Colombia.

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5. Funding & Market Perception

Political instability increases the cost of capital for juniors.

Investors demand:

• Higher risk premiums

• More clarity on permitting

• Evidence of security and community stability

For Orosur:

• Raising exploration capital becomes harder

• Dilution risk increases

• Market sentiment can swing sharply on political news

A single political headline can move a junior’s share

Does anyone foresee any changes due to the upcoming National elections in May? President Gustavo Petro, elected in 2022, is constitutionally barred from seeking a consecutive second term.

Https://x.com/OrosurM/status/2021140822050341068?s=20

Yes and the way Columbia works is VERY SLOW!

They need to get on with getting the stuff out the ground!!!