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Laguna Verde surveys yield encouraging results

     7th July 2017 Mineral resource company Wealth Minerals has completed transient electromagnetic and gravity geophysical surveys at the Laguna Verde lithium project, in northern Chile, with its geophysical contractor reporting that the data quality is good to excellent for both surveys. The resulting gravity... 

Lithium asset consolidation proceeds unabated

By: Henry Lazenby     20th December 2016 Asset consolidation is continuing in the junior lithium space, with several companies announcing deals in the past week. Wealth Minerals announced Monday that its Chilean subsidiary has entered a letter of intent dated December 12, with arm’s length vendors giving it the exclusive right and... 

TomaGold broadens reach to Chile through Red Metal Resources acquisition

By: Henry Lazenby     19th September 2016 Canadian gold explorer TomaGold is expanding into Chile, after announcing Monday that it had signed a letter of intent (LoI) to acquire all the outstanding shares of Red Metal Resources. The proposed acquisition will give TomaGold ownership of, or options to own, 100% of the Farellon, Perth and... 

THE MINE THAT BASKS IN SUN ENERGY

By: Martin Creamer     4th July 2014 Chilean iron-ore miner Compañía Minera del Pacífico, a company in the Santiago-listed CAP group, has an agreement to buy energy from this Amanecer Solar CAP plant, which is situated in the municipality of Copiapo, in the Atacama Desert. Chile President Michelle Bachelet is seen inaugurating... 

Condor advances debt funding for SA coal buy, Chile project

By: Natalie Greve     6th March 2014 ASX-listed Condor Blanco Mines is advancing plans to secure €10-million in debt funding for iron-ore mining at its Marianas project, in Chile, and to progress the acquisition of a hard coking coal project, in South Africa. Condor reported on Thursday that it was nearing completion of a full... 

White Star closed down Chilean offices

By: Esmarie Swanepoel     26th February 2013 Junior White Star Resources has told shareholders that it would close down its offices in Copiapo and Santiago, in Chile, following a review of its operations there. The closures were made in light of the current equity market conditions, and White Star’s efforts to cut back on costs. 

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