https://www.miningweekly.com
Copper|Exploration|Gold|Mining|PROJECT
Copper|Exploration|Gold|Mining|PROJECT
copper|exploration|gold|mining|project

Anglo American restarts field programmes in Ecuador

28th September 2021

By: Creamer Media Reporter

     

Font size: - +

Diversified mining major Anglo American has restarted its field programmes at the Pegasus project, in Ecuador, in which it is earning 60% by spending $57.3-million over seven years.

Anglo’s field team members have been vaccinated against Covid-19, junior Luminex said on Monday, adding that strict Covid protocols had been established.

Anglo was also engaging with local communities in the property area to secure the social licence to drill test multiple copper, gold and molybdenum targets in the second half of next year.

Luminex reported that Anglo American had made its scheduled 2021 cash payment of $500 000, which combined with $12.9-million of cumulative exploration expenditures to date, gave the major a 25% ownership stake in Pegasus A and B.

 

Edited by Creamer Media Reporter

Comments

Latest Multimedia

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:5.125 5.224s - 89pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: