We would love to hear your thoughts about our site and services, please take our survey here.
Evening all...from 3rd February
https://www.bnamericas.com/en/news/ecuador-expects-us3bn-construction-of-2-mines-to-kick-off-next-year
Pinot
:0)
Morning all anybody know how many shares this small company owned
https://www.massifcap.com/our-team
Pinot
:0)
Evening all
Cup of horlicks and a biscuit read
https://www.mining.com/web/mega-miners-are-hunting-for-deals-after-decade-on-the-sidelines/
Pinot
:0)
Ooops a link might help
https://www.mining.com/ecuador-signs-investment-contract-with-solaris-on-warintza-project/
Pinot
:0)
There we go answered my own question....Food for thought better thean arguing all day...!!!!
Regional exploration activity has identified the Helipuerto project as the
next most important target for the Company. The Helipuerto concessions lie on
the southern margin of the Solaris Resources discovery at Warintza where
Solaris has published an in-pit Mineral Resource of 579Mt at 0.59% CuEq in the
Indicated category. Geophysical, geochemical and geological analysis indicates
extension of the Warintza system into SolGold ground and SolGold is expediting
the delivery of drilling and environmental permits to drill test extensions to
the mineralised system. An initial focus at Helipuerto is on the delineation
of the size and tenor of the Tinkimints copper prospect including mapping and
sampling of the area directly south of Solaris's Warintza copper-gold porphyry
deposit.
Pinot
:0)
Morning all..... now for something completly different
Has anyone got any comments on the Water project we set up before Christmas with the Yawi Community in the Cruz del Sol subsidary. Is the area near the the Warwinza Project, was this area on the list for joint venture/sell off.....anyone got any information.
Pinot
:0)
Morning all President Lasso was also at the Whitehouse in December
https://www.whitehouse.gov/briefing-room/statements-releases/2022/12/19/readout-of-president-bidens-meeting-with-president-guillermo-lasso-of-ecuador/
Pinot
:0)
Oops...I can't access the last bit
The reform to the regulation of exploration and mining concessions in Ecuador, which came into effect at the end of 2022, is seen as positive by the sector.
“It’s an attempt to give the concessionaire certainty but also to clarify the deadlines,” Jorge Barreno, a private consultant for the mining sector, told BNamericas.
The regulation establishes that the beginning of the initial exploration stage will be when administrative processes such as obtaining environmental permits and a certificate of non-affectation of water resources are completed, contrary to what happened before when the deadlines ran while the various permits were being processed.
Until the reform, up to 2-3 years could go by without obtaining the different administrative permits and the concessionaires, meanwhile, could not carry out any activity in the field, Barreno said.
Meanwhile, the lawyer for Ecuador's mining chamber, Andrés Ycaza, told BNamericas that the regulations give the sector greater governance.
The new regulations will especially favor concessions that are moving from initial to advanced exploration.
These companies will benefit because the deadlines for advanced exploration will run from when they already have the permits and in the meantime they will be able to continue carrying out scout drilling, geophysics, geochemistry and sampling, among other things.
"Thanks to the reforms, exploration will not stop and that is very important," Ycaza said.
Among other things, the new regulations establish that in the cases in which mining license-holders wish to pass to the advanced exploration period, they must submit a request to the energy and mines ministry no less than 60 days before the exploration period expires.
Once the application is received and if it is complete, the ministry will request that, within 15 days, the Agency for the Regulation and Control of Energy and Non-Renewable Natural Resources issue a technical report regarding compliance with activities and minimum investments made, and compliance with legal and economic obligations in the initial exploration period.
Once the favorable technical report is received, within 10 days the administrative resolution must be issued, authorizing the change from the initial exploration stage to the advanced exploration period, as well as the legal and economic obligations that the concessionaires have in the new stage.
The reforms give mining companies more certainty regarding the terms of the exploration stages and their investments, according to Barreno.
Ecuador currently has only two large-scale mines in operation: the Fruta del Norte gold operation and the Mirador copper mine, although there are a number of projects at various stages of exploration which are expected to give the sector a boost.
Afternoon...sorry if already posted
https://www.bnamericas.com/en/news/ecuadors-new-mining-regulations-seen-as-positive-for-sector
Pinot
:0)
Evening all...new holdings out on website
Newcrest International Pty Ltd 309,309,996 12.49%
DGR Global Ltd 204,151,800 8.25%
Cornerstone Capital Resources 157,141,000 6.35%
Jiangxi Copper 155,000,000 6.26%
Tenstar Trading Limited 107,877,393 4.36%
BlackRock, Inc 97,056,713 3.92%
Norges Bank 82,875,000 3.35
Nicholas Mather 90,326,710 3.65%
James Clare 1,143,137 0.05%
Scott Caldwell 1,000,000 0.04%
Liam Twigger 392,156 0.02%
Kevin O'Kane 392,156 0.02%
Mario Amparo Alban 51,676 0.00%
Elodie Grant Goodey 19,607 0.00%
Total Directors 93,325,442 3.77%
Balance of Company 2,382,726,059 96.23%
Identity and Percentage Holdings of Significant Shareholders
Pinot
:0)