Junior corporate roundup: CB Gold, TriMetals, Gold Reserve
Vancouver's CB Gold will issue 1.87mn common shares to the titleholders of its San Bartolo, La Triada and San Alfonso mining titles that form part of its Vetas gold project in Colombia, in consideration for the acquisition of the titles.
The shares represent around 1% of CB Gold's issued and outstanding shares and have a value of Cdn$65,310 (US$49,687), according to a company statement.
***
Vancouver-based TriMetals Mining said in its quarterly report it was seeking an appropriate joint venture partner for the Escalones copper-gold project in Chile.
The firm added it continues with international arbitration proceedings against Bolivia to recover full compensation, based on the fair market value, for the Malku Khota silver project, which the government nationalized in 2012.
***
Representatives from Washington-based Gold Reserve met Venezuelan government officials to "facilitate on-going discussions regarding resolving the arbitral award due to the company," valued at some US$757mn, for the nationalized Brisas gold project.
As a result of the meeting, the parties agreed to work in good faith to reach an agreement to resolve the amount due to the company and work together to identify a third party to participate in the development of the project.
Gold Reserve will continue to pursue all legal avenues to enforce and collect the arbitral award and, in turn, Venezuela will take all legal steps to defend its legal rights, the company said in a press release.
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Mining & Metals (Chile)
Doubts hang over Chile’s environmental evaluation reform bill
An issue is that projects that have received approval are regularly subjected to legal action to overturn the decision.
Junior exploration roundup: Lavras, Tribeca, Appia and more
Companies operating in Argentina, Suriname, Chile, Nicaragua and Brazil provide updates.
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Mining & Metals (Chile)
Get critical information about thousands of Mining & Metals projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Mina Invierno
- Current stage:
- Updated:
2 weeks ago
- Project: RT Sulfuros desalinization plant (Distrito Norte)
- Current stage:
- Updated:
2 weeks ago
- Project: Desarrollo Futuro Andina
- Current stage:
- Updated:
2 weeks ago
- Project: Salar de Helados
- Current stage:
- Updated:
2 weeks ago
- Project: Useful Life Extension Project (Los Pelambres Future, ex-Los Pelambres Mining Complementary Infrastructure Project Phase 2)
- Current stage:
- Updated:
2 weeks ago
- Project: Elevado (former Vidalita)
- Current stage:
- Updated:
3 weeks ago
- Project: Margarita
- Current stage:
- Updated:
3 weeks ago
- Project: Pascua-Lama
- Current stage:
- Updated:
2 weeks ago
- Project: Montreal
- Current stage:
- Updated:
3 weeks ago
- Project: T4
- Current stage:
- Updated:
3 weeks ago
Other companies in: Mining & Metals (Chile)
Get critical information about thousands of Mining & Metals companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: xpd global
-
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: Norte Abierto SpA  (Norte Abierto)
-
Norte Abierto SpA, based in Santiago de Chile, is a under a 50% risk-sharing entity between Goldcorp and Barrick. The company was formed after a series of acquisitions by the Ca...
- Company: BHP Minerals Americas  (BHP - Minerals Americas)
-
Minerals Americas is the direct mining subsidiary of Australia-based BHP. It was incorporated in 2016 as part of BHP's new operational model that groups its operations in three ...
- Company: Famesa Explosivos Chile S.A.  (Famesa Explosivos Chile)
-
Famesa Explosivos Chile S.A. produces and trades explosives, provides technical assistance and post sale services, and offers accessories and comprehensive blasting services for...
- Company: Enami Litio SpA
- Company: Minera Tarar SpA
- Company: Time Based Management Consulting SpA  (TBM Consulting SpA)
-
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: Nol-Tec Chile
-
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: Exanco Chile S.A.  (Exanco)