Gold – Continental Gold Ltd. (TSX:CNL,OTCQX:CGOOF) provided an update on its Colombia-based Buritica gold project, commenting that it has signed a memorandum of understanding (MOU) with the Ministry of Mines and Energy, the National Mining Agency and Corantioquia; it outlines a framework "to formalize small-scale mining taking place" at the project.
Articles Tagged "colombia"
Coal – Reuters reported that in 2013, Colombia put out 85.5 million tonnes of coal, a 4-percent decrease from 2012 and below the country's production target. The decline was mainly due to strikes at the two top miners in the nation.
Gold – Colombian Mines Corporation (TSXV:CMJ,FWB:X6C) reported that a recently completed high resolution airborne magnetic and radiometric survey at the Mercedes project in Colombia identified multiple, large, linear magnetic anomalies, some in excess of seven kilometers long that are commonly associated with coincident potassium anomalies.
Gold – Continental Gold Ltd. (TSX:CNL,OTCQX:CGOOF) announced the results from 13 diamond drill holes and underground sampling at the Yaraguá vein system, commenting that high-grade gold was drilled in the Eastern Yaraguá system.
Coal – Bloomberg reported that some market watchers believe operating in Colombia may be about to get more complicated. The rumors follow President Juan Manuel Santos' decision to suspend coal exports from Drummond Company Inc. after the company continued to load coal onto open barges after the practise was banned.
Uranium – Recent comments from the Uranium Investing News audience prompted us to look a little further into the companies that they are watching.
Coal – Drummond Company Inc. announced that as a result of the Colombian government's decision not to allow it to export coal from any of its operations in the country, it has been forced to declare force majeure.
Coal – Reuters reported that coal miner Drummond Company Inc., which earlier this month was ordered to suspend coal loading by a Colombian environmental authority, is not showing much interest in proposals that would allow it to continue exporting coal.
Coal – Reuters reported that on Friday, privately owned Drummond Company Inc. was ordered to suspend coal loading by Corpamag, a regional environmental authority in Colombia.
Tungsten – The Colombian government is preparing to seize and close the illegal Tiger Hill tungsten mine, run by the FARC.