16 Mining Concessions in Nicaragua AcquiredWednesday, March 23, 2011 Canadian Nikos Explorations acquired 100% of Fortress de Nicaragua, which owns 168.000 hectares of mining exploration rights. As payment, Nikon transferred 20 million shares of its common stock (with an average price of $ 0.07) to shareholders of Fortress de Nicaragua and 20 million stock options, exercisable at $ 0.1 per share. Minera Aurum Continues Gold Exploration in PanamaMonday, April 25, 2011 After finishing the first phase of exploration work, the mining company is planning the second and third stages of its prospecting. In a 1,299 hectare concession area in central Panama, south west of the capital, the mining company, Minera Aurum, has begun its perforations at five new 1000m wells. Oil Exploration Areas AwardedMonday, July 8, 2013 The government of Guatemala has awarded contracts to six oil companies who will each implement an average investment of $30 million. Elperiodico.com.gt reports: "Increasing high quality oil production, and the possibility of finding natural gas reserves are on the radar of the six companies who received contracts awarded by the Ministry of Energy and Mines (MEM) in order to attract investment of over $30 million per year for the area. " Guatemala: Canadians Buy Oil LicenseTuesday, March 1, 2016 Quattro Exploration and Production has made an agreement with GFI Petroleum Guatemala to acquire a license for the operation of block 6-2012 block, consisting of 34,723 hectares in the South Peten basin. From the press release by QUATTRO Exploration and Production: More Companies Apply for Gold Exploration in PanamaThursday, June 3, 2010 On December 2009, the Commerce Ministry (Mici) received six new applications for exploring gold. Mici had received an additional four between June and November 2009. 456 Thousand Gold Tons in Guatemala?Friday, June 4, 2010 Canadian mining corporation Radius calculated how much gold it could extract from its “Tambor” project, in San Pedro Ayampuc. According to Lorena Álvarez, the figure was included in an environmental impact study presented by “Exploraciones Mineras de Guatemala” (Exmingua), a subsidiary of Radius Exploration Ltd. Guatemala: Oil Concessions Still have No ContractsWednesday, July 23, 2014 A year after six areas for oil exploration were awarded, five of them still dont have contracts signed between the contractors and the government. Prensalibre.com explains that "...The five areas that are pending are those awarded to Galax Garden Corporation, for the the San Francisco fields; the company Island Oil Exploration Services, SA, which will operate in Laguna Blanca; Trayectoria Oil & Gas Career, which will be situated in Cancuén as well as Greenfields Petroleum Guatemala, El Cedro Petén, Quiché and Alta Verapaz, and Loon-Petroleo Limited in Xacbal." |
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