Junior corporate roundup: Altius, Toachi, IMPACT
Altius Minerals entered into an agreement to acquire a 2% net smelter return royalty on Adventus Zinc's Curipamba copper-gold-zinc project in Ecuador from Resource Capital Fund VI for US$10mn.
Altius holds a 21% interest in Adventus, which is advancing Curipamba under a 75:25 JV with Salazar Resources.
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IMPACT Silver completed the second and final tranche of a non-brokered private placement.
Total proceeds over the two tranches was Cdn$1.74mn (US$1.31mn), to be used for exploration on the Zacualpan land package in Mexico, to improve efficiency at the Guadalupe mill and for general working capital purposes.
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Toachi Mining plans to raise Cdn$1.5mn in a non-brokered private placement.
Proceeds will be used to accelerate an option payment to earn a controlling interest in the La Plata gold-silver-copper-zinc-lead project in Ecuador, to advance engineering of La Plata and for working capital and general corporate purposes.
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News in: Mining & Metals (Ecuador)
Lundin Gold expects output of up to 500,000oz at its Ecuador mine in 2024
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Other projects in: Mining & Metals (Ecuador)
Get critical information about thousands of Mining & Metals projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Llurimagua
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- Updated:
2 days ago
- Project: Unacota
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2 days ago
- Project: El Guayabo
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- Updated:
5 days ago
- Project: Curipamba - El Domo
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1 week ago
- Project: Salinas
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3 weeks ago
- Project: Coangos
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3 weeks ago
- Project: La Hueca
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3 weeks ago
- Project: Chical
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3 weeks ago
- Project: Timbara
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4 weeks ago
- Project: La Bonita
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4 weeks ago
Other companies in: Mining & Metals (Ecuador)
Get critical information about thousands of Mining & Metals companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Odin Mining del Ecuador S.A.  (Odin Mining del Ecuador)
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Odin Mining del Ecuador S.A., a subsidiary of Canada's Lumina Gold, is an exploration and development firm focused on gold and copper projects in Ecuador. Quito-based Odin Minin...
- Company: Hanrine Ecuadorian Exploration Andmining S.A.  (Hanrine Ecuadorian Exploration Andmining)
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The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
- Company: Produmin S.A.  (Produmin)
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Stracon - Ripconciv JV
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Stracon - Ripconciv JV is a company formed by Ripconciv Construcciones Civiles Cia. Ltda. and Stracon SA for the execution of the Curipamba - El Domo project, which is located i...
- Company: Vibratec S.A.  (Vibratec)
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Vibratec S.A. is an Ecuadorian maintenance company that offers spares, solutions and services for industrial machinery. Since 2003, Vibratec is the sales representative of the O...