Inmet, owner of Minera Panamá, will be able to reach an agreement with the government of Singapore to make it possible for it to take part in the Donoso copper mining project.
The final decision on the $500 million investment by Singapore is dependent on changes being made to Panama's mining code, which until now has prohibited the participation of foreign governments in the industry.
Inmet Mining, owner of the copper mining project "Panama Cobre" plans to complete construction in 2014.
Environmental studies would be ready in the first quarter of 2010, and detailed engineering would begin mid-2010.
According to MiningWeekly.com, "The company has completed a drilling programme on the project, and is compiling the data it will need for mineral resource and reserve statements", which Inmet estimates at 150.000 t/d throughput rate for 30 years.
Constructora Celaque is a leader when it comes to construction of civil projects and mining in Honduras with more than 15 years of experience.
Operates in Honduras and Honduras
Phone: (504) 2239 6794 - (504) 9905 7845
Armstrong Equipment, Inc. is an American based company that specializes in the distribution to Latin America of equipment and parts used in the mining sector, rock crushing and asphalt paving.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (305) 592 8361