Junior corporate roundup: Coro, Plateau Energy, Aura Silver
Coro Mining concluded a strategic review, following which the company said it will focus on advancing the Marimaca copper project in Chile and retain a minimum 25% equity interest in SCM Berta, which has the Berta copper mine in the same country.
Coro agreed a binding term sheet under which Greenstone Resources will provide US$12mn of financing to SCM Berta. Greenstone will also lend Coro US$2mn to provide working capital for Marimaca's development.
***
Plateau Energy Metals reported metallurgical test results from the Falchani discovery at its Macusani Plateau lithium-uranium project in Peru.
Leach results indicate that 75-79% of contained lithium was extracted, the company said in a statement.
***
Aura Silver announced a non-brokered private placement to raise gross proceeds of up to Cdn$600,000 (US$476,000).
Proceeds will be used for concession fees for its Taviche gold-silver property in Mexico, working capital and exploration in Canada.
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)
Anglo hiking Chile investments to reverse declining copper output
The London-based company will raise its investments in Chile this year by 4% to US$1.27bn in order to reverse the downward trend in output.
Enaex signs agreement with international shipping group NYK to provide low-carbon ammonia as fuel for ships
It will be used as fuel to transport copper concentrate.
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 San Francisco
- Current stage:
- Updated:
15 hours ago
- Project: Encierro
- Current stage:
- Updated:
10 hours ago
- Project: Norte Abierto (ex Caspiche/Cerro Casale)
- Current stage:
- Updated:
5 days ago
- Project: Alturas
- Current stage:
- Updated:
6 days ago
- Project: Placeton
- Current stage:
- Updated:
6 days ago
- Project: Condoriaco
- Current stage:
- Updated:
6 days ago
- Project: Loro
- Current stage:
- Updated:
1 week ago
- Project: San Valentino
- Current stage:
- Updated:
1 week ago
- Project: Centinela Second Concentrator
- Current stage:
- Updated:
1 week ago
- Project: Montezuma
- Current stage:
- Updated:
1 week 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: SDI Ingenieria
- Company: Minera Centinela S.A.  (Minera Centinela)
-
Minera Centinela S.A., controlled by Antofagasta Minerals with 70%, operates an open pit copper mining operation in northern Chile's Antofagasta Region. It was created in 2014 t...
- Company: Codelco - División Chuquicamata  (Codelco-Chuquicamata)
-
Chilean state copper producer Codelco's Chuquicamata division used to be the world's largest red metal operation, producing close to 1Mt/y of fine copper. Codelco is currently d...
- Company: Epiroc Chile
-
Epiroc Chile is a company that offers solutions and services to the mining and civil works sectors. Its product portfolio includes drilling equipment, loaders and trucks, hydrau...
- Company: Admiralty Minerals Chile Pty Ltd.  (Admiralty Minerals Chile)
-
Admiralty Minerals Chile PTY LTD, branch of the Australina mining company Admiralty Resources NL incorporated in 2010 in Santiago de Chile, operates 32 mining concessions for th...
- Company: Ecometales Ltd.  (Ecometales)
-
EcoMetales Limited, a subsidiary of Chile's state miner Codelco Techologies, develops environmental solutions for mining wastes as well as recovering metals contained in the was...
- Company: Metso Chile S.A.  (Metso Chile)
-
Metso Chile S.A. is the Chilean subsidiary of multinational Finnish company Metso Oyj. It supplies services and solutions mainly to the mining, pulp & paper and recycling indust...
- Company: Icafal Inversiones, S.A.  (Icafal)
-
Icafal Inversiones, S.A. is a Chilean investment firm that owns and manages companies operating in different sectors, such as public and private sanitation, railway, agribusines...
- Company: Andex Minerals SpA