españolArgonaut Gold Completes Acquisition of Castle GoldWednesday, February 24, 2010 The transaction includes 50% of gold mine “El Sastre”, located to the North of Guatemala City. Canadian company Argonaut Gold announced it has concluded the acquisition of Castle Gold, who owned mines in Mexico and Guatemala. Argonaut Could Buy Castle GoldWednesday, November 25, 2009 Castle Gold is the majority owner of "El Sastre" gold mine in Guatemala. Argonaut cold is a closed capital company, whereas Castle Gold trades in Canada's TSX, and also operates two gold mines in Mexico. 50% of Gold Mine Sold in GuatemalaWednesday, October 13, 2010 Argonaut Gold sold its 50% share of Mina El Sastre for $ 1.3 million to local partners. In a news release the company announced the sale was due the fact the company does not consider this mine as one of its core assets. Gold mines in Nicaragua sold for $53 million.Monday, February 2, 2009 B2Gold Corp. made the acquisition from Central Sun Mining, owner of the gold mines in Nicaragua, for $53.7 million. Central Sun Mining was the owner of the Limon and the Orosi mines, and had an option to acquire 100% of the Mestiza gold mine, also located in Nicaragua. Nicaragua: Orosi Gold Mine 95% ReadyThursday, November 5, 2009 Its owner, Canadian company B2Gold, estimates 2010 production in 120.000-130.000 gold ounces for its two mines in the country. In a press release, B2Gold announced that mining project Orosi is 95% ready, could begin operations in November, and has had a construction cost of $62 million. Nicaraguan Gold Mine Production IncreasesTuesday, December 14, 2010 "La Libertad" gold mine, owned by B2Gold Corp, could increase its production and operating life. The company announced the results of exploratory drilling, which indicates the possibility of increasing current production, which stands at 80.000-90.000 ounces of gold annually. B2Gold Will Invest $7 Million in Nicaraguan MineWednesday, June 24, 2009 The company B2Gold Corp. could acquire up to 65% of the gold and copper mining project NEN. The gold and copper mining Project NEN, currently property of Canadian Calibre Mining Corp, is located on the North Atlantic side of Nicaragua, and covers 70,976 hectares. Nicaragua: Orosi Mine Commences Gold ProductionWednesday, January 6, 2010 The Orosi Mine, owned by Canadian corporation B2Gold Corp., commenced gold and silver production. According to a press release issued by the company, the first dore bar was produced on January 5th, 2010. Nicaragua: Mining Concessions SwapTuesday, February 22, 2011 The Government approved the swap of gold mine concessions between B2Gold Corp and Condor Resources. Under the agreement between the two companies the concessions known as "La India" and "Espinito San Pablo" will be unified under the name "La India Gold" and will be owned 80% by Condor and 20% by B2Gold Corp. $2.3 Million Gold Exploration in NicaraguaFriday, September 18, 2009 Calibre Mining and B2Gold Corp. will explore gold in the "Borosi" mining project. Calibre reported that a $2.3 million work program and budget has been approved by B2Gold Corp at Borosi project in the Bonanza-Rosita-Siuna areas of northeast Nicaragua. Nicaraguan Mine Begins Second Phase of ExplorationThursday, August 4, 2011 Calibre Mining Corp. and B2Gold and have begun the second phase of exploration of the Primavera gold and copper mine. In a press release, Calibre explained that this phase of exploration has an available budget $441,000, and that they will focus on three areas that show a potential of up to 1.48 grams of gold per ton. La Libertad Mine Produces 10% More GoldFriday, December 14, 2012 The Canadian B2Gold announced its mine La Libertad, Nicaragua, extracted 110,000 ounces of gold in 2012. The figure is 10% higher than the 100,000 ounces mined in 2011, and the company expects to reach the 130,000 mark in 2013. Nicaragua: $23 million in Mining InvestmentFriday, August 21, 2015 In the remainder of the year B2Gold plans to invest $23 million in mining work, expansion of tailings dam and other works in the La Libertad gold mine in Chontales. In addition, the concessionaire plans to invest $5 million in exploration in areas close to the mine and within the concession area. Representatives from the B2Gold predict closing 2015 with a total production of between 135,000 and 145,000 ounces of gold from the La Libertad and Santo Domingo mines. International Litigation Over Mine in Costa RicaMonday, February 10, 2014 Infinito Gold is suing for $94 million lost due to violations of the agreement for the promotion and protection of investments between Costa Rica and Canada. Industrias Infinito confirmed that its parent company, Infinito Gold, has filed a law suit against Costa Rica at the International Centre for Settlement of Investment Disputes (ICSID) seeking compensation as a result of their investments in the canceled mining project of Crucitas. Ascot Mining intersects Cajeta vein in Costa RicaMonday, November 10, 2008 Veritas Gold, a subsidiary of Ascot Mining, claims to have discovered high grade gold. A 150m main access tunnel was driven to successfully intersect the targeted Cajeta vein and a one-tonne bulk sample was obtained, which was crushed and processed to determine the gold content. Assaying returned grades of 41.2 grams per tonne. |
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