Beiträge von ChrissiBSC

ChrissiBSC · 19. Juli 2016

Salazar Completes First Tranche of Royalty Sale
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 18, 2016) - SALAZAR RESOURCES LTD. (TSX VENTURE:SRL)(FRANKFURT:CCG) (the "Company") - Mr. Fredy Salazar is pleased to report that the Company has closed on the first tranche of the royalty sale announced on April 6, 2016. The Company has sold to RCF VI SRL LLC ("RCF") a 1% net smelter returns royalty ("NSR") in the Curipamba project and has received US$2,375,000. The sale to RCF of an additional 1% NSR (the "Additional Royalty Sale") for an additional US$2,375,000 is to close after completion of the next phase of work programs and the satisfaction of all other conditions precedent.
Said Mr. Fredy Salazar, "We are extremely pleased to have closed on the first tranche of the royalty sale and we look forward to immediately begin work on the approved work programs including a planned drill program of 10,000 metres."
The Company has also issued 8,484,850 common shares and 4,242,426 share purchase warrants to complete the previously announced debt settlement transactions. The issuance of these securities was contitional upon closing of the sale of the 1% NSR to RCF. The securities have a hold period expiring on November 19, 2016.
About Salazar Resources Limited
Salazar Resources Ltd. is a publicly-listed (TSX VENTURE:SRL)(FRANKFURT:CCG) mineral resource company engaged in the exploration and development of new highly-prospective areas in Ecuador. Led by a senior Ecuadorian management team and most notably by its namesake Fredy Salazar, this team has been instrumental in other major discoveries throughout Ecuador. Being based in Ecuador, thus having thorough knowledge of local human and environmental issues, gives the company a strategic advantage, enabling it to complete exploration at a rapid pace. With an excellent property portfolio (3 projects- 42,900 hectares), good geopolitical positioning and a number of strategic corporate and financial partnerships, Salazar has positioned itself to be a strategic player in Ecuador and throughout South America.
ON BEHALF OF THE BOARD OF SALAZAR RESOURCES LIMITED
Fredy Salazar, President & CEO
Salazar Resources Limited

ChrissiBSC · 16. Juni 2016

14. Juni 2016 08.30 Uhr ET

Salazar stellt Update auf seiner Rekapitalisierungsplan
VANCOUVER, BRITISH COLUMBIA - (Marketwired - 14. Juni 2016) - SALAZAR RESOURCES LTD. (TSX - V: SRL) (FRANKFURT: CCG) (die " Gesellschaft ") - Mr. Fredy Salazar freut sich, dieses Update auf die Rekapitalisierung der Gesellschaft zur Verfügung zu stellen erste am 6. April angekündigt th 2016 und dann am 27. April aktualisiert th 2016.
Das Unternehmen hat mit der Schließung am 27. April die ersten beiden Elemente ihrer Rekapitalisierung abgeschlossen th 2016 der Privatplatzierung und Schuldentilgung Transaktionen. Als Ergebnis der Privatplatzierung begrüßte das Unternehmen Ressourcen Capital Fund VI LP ( "RCF VI") , um seinen Anteil Registrierung. Die Gesellschaft und RCF VI haben nun auf ein Arbeitsprogramm vereinbart Schließen des Lizenz Sale umgesetzt werden. Als Folge dieser Vereinbarung über das Arbeitsprogramm wird das Unternehmen nicht die Bedingungen der zu RCF VI beim Schließen der Privatplatzierung emittierten Optionsscheine zur Änderung werden.
Der dritte Teil der Rekapitalisierung beinhaltet den Verkauf einer 2% NSR - Lizenzgebühr ( "NSR") das Interesse an seinem Curipamba Projekt für US $ 4.750.000 (das "Lizenz Sale"). Der Lizenzverkauf wird in zwei Tranchen von 1% für US $ 2.375.000, mit dem Schließen der jeweiligen Tranche wird vorbehaltlich der Erfüllung der aufschiebenden Bedingungen abgeschlossen. Das Unternehmen hatte angekündigt , dass Schließung der ersten Tranche des Lizenz Verkauf am Ende Mai erwartet wurde; jedoch aufgrund der Komplexität der Transaktion mit mehreren Gerichtsbarkeiten Unternehmens- und Steuerfragen zu begegnen, hat die Schließung verzögert worden und wird derzeit nicht vor Ende Juni erwartet. Das Unternehmen arbeitet mit RCF VI auf der ersten Tranche des Lizenz Verkauf so schnell wie möglich zum Abschluss zu bringen und zu schließen. Es bleibt eine Reihe von Vertragsangelegenheiten abgeschlossen werden , um die Transaktion zu gewährleisten ordnungsgemäß umgesetzt werden . Sagte Herr Fredy Salazar : "Wir freuen uns auf die Lizenz Verkauf an der Fertigstellung und sofort mit der Arbeit an den genehmigten Arbeitsprogramme beginnen. Mit dem Erlös aus der ersten Tranche Schließen des Lizenzverkaufs wir ein Bohrprogramm von 10.000 Metern geplant haben."
Über Salazar Resources Limited
Salazar Resources Ltd. ist ein börsennotiertes (TSX-V: SRL) (FRANKFURT: CCG) Unternehmen, die in der Exploration und Entwicklung von sehr aussichtsreichen Gebieten in Ecuador beschäftigt. Geführt von einem erfahrenen, ecuadorianischen Management Team und insbesondere durch seinen Namensgeber Fredy Salazar, hat dieses Team in anderen großen Entdeckungen in Ecuador beteiligt. in Ecuador basiert, so gründliche Kenntnis der lokalen Menschen und Umweltfragen hat, gibt dem Unternehmen einen strategischen Vorteil, so dass es Exploration in einem rasanten Tempo zu vervollständigen. Mit einem exzellenten Portfolio (3 Projekten- 42.900 ha), einer guten geopolitischen Positionierung und einer Reihe von strategischen unternehmerischen und finanziellen Partnerschaften, hat sich Salazar zu einem strategischen Spieler in Ecuador und Südamerika zu sein.
IM NAMEN DES BOARDS VON SALAZAR RESOURCES LIMITED
Fredy Salazar,
Präsident und Geschäftsführer
Salazar Resources Limited

ChrissiBSC · 28. April 2016

April 27, 2016 17:36 ET

Salazar Announces Closing of Private Placement and Debt Settlement
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 27, 2016) - Salazar Resources Ltd. (TSX VENTURE:SRL)(FRANKFURT:CCG) (the "Company") - Mr. Fredy Salazar, President and CEO is pleased to announce that further to the Company's news release of April 6, 2016, the Company has completed a US$1,050,000 private placement (the "Private Placement") and debt settlement, two elements of its previously announced recapitalization plan.
Pursuant to the Private Placement, the Company sold 22,293,398 units ("Units") to arm's length financiers to raise US$1,050,000. The Units were sold at a price of Cdn$0.06, with each Unit being comprised of a common share of the Company (a "Unit Share") and a half warrant, with each full warrant (a "Warrant") entitling the holder to purchase an additional common share of the Company at a price of Cdn$0.12 (the "Warrant Exercise Price") for a period of two years from closing. The Private Placement was led by Resource Capital Fund VI L.P. ("RCF VI") which subscribed for US$820,000 of the Private Placement. Pursuant to the Company's subscription agreement with RCF VI, the parties are to determine a mutually-acceptable work program within three months of closing of the Private Placement and, if a work program, cannot be settled within such period, RCF VI will be issued an additional Warrant for each whole Warrant issued in the Private Placement and the Warrant Exercise Price for RCF VI's Warrants will be reduced to Cdn$0.069.
The Company has also settled certain of its outstanding debt with existing creditors by way of the issuance of 14,277,483 Units to such creditors (the "Debt Conversion Units") at a deemed price of Cdn$0.06 per Debt Conversion Unit. The debt settled by the issuance of these Debt Conversion Units were in respect of cash advances the Company received from both arm's length parties and certain insiders to assist the Company with maintaining operations and paying all core costs including prior years' tenure payments on its properties. A further 8,484,847 Debt Conversion Units are to be issued in settlement of debt concurrently with the first closing of the royalty sale referred to below. In addition, the Company has issued a further 5,600,132 common shares (the "Debt Conversion Shares") to both insiders and non-insiders in settlement of accrued and unpaid compensation of US$258,726 at a deemed price of Cdn $0.06 per share. A further US$265,783 of debt owing to such persons was also forgiven.
All of the Unit Shares comprising the Units and Debt Conversion Units, the common shares issuable upon the exercise of Warrants and all Debt Conversion Shares have a hold period expiring on August 28, 2016.
The third part of the recapitalization plan involves the sale of a 2% net smelter returns royalty ("NSR") interest in its Curipamba project to RCF VI for US$4,750,000 (the "Royalty Sale"). The Royalty Sale is to be completed in two tranches of 1% for US$2,375,000, with closing of each tranche being subject to the satisfaction of conditions precedent. The Company is to negotiate definitive documentation with RCF VI and to work towards satisfying conditions precedent with a view to closing the first tranche of the Royalty Sale in late May.
The Company and RCF VI have agreed to a cash expenditure budget for the net proceeds received from the Private Placement and to be received from the Royalty Sale.
No change of control has occurred or will occur as a result of these transactions. RCF VI has the right to nominate a representative to the Company's Board of Directors provided that RCF VI or its affiliates hold at least 5% of the Company's issued and outstanding common shares or an interest in the Royalty. RCF VI also has the right to participate in future financings to maintain its equity interest. In addition, the Company will require the consent of RCF VI to raise equity or convertible debt at a price less than the Warrant Exercise Price until the Warrants expire, with such consent to not be unreasonably withheld.
About Resource Capital Funds
Resource Capital Funds ("RCF") is a group of commonly managed private equity funds, established in 1998 with a mining sector specific investment mandate spanning all hard mineral commodities and geographic regions. Since inception, RCF has supported 148 mining companies, with projects located in 47 countries and across 29 commodities. Further information about RCF can be found on its website (http://www.resourcecapitalfunds.com).
RCF has a strong team of investment professionals, with wide ranging industry and technical expertise and a demonstrated history of investments in mining globally. RCF's track record is based on its ability to pick technically and commercially compelling assets and support management to achieve desired outcomes whilst remaining throughout a source of patient capital. RCF aims to partner with companies to build strong, successful and sustainable businesses and in doing so strives to earn superior returns for all shareholders.
About Salazar Resources Limited
Salazar Resources Ltd. is a publicly-listed (TSX VENTURE:SRL)(FRANKFURT:CCG) mineral resource company engaged in the exploration and development of new highly-prospective areas in Ecuador. Led by a senior Ecuadorian management team and most notably by its namesake Fredy Salazar, this team has been instrumental in other major discoveries throughout Ecuador. Being based in Ecuador, thus having thorough knowledge of local human and environmental issues, gives the company a strategic advantage, enabling it to complete exploration at a rapid pace. With an excellent property portfolio (3 projects- 42,900 hectares), good geopolitical positioning and a number of strategic corporate and financial partnerships, Salazar has positioned itself to be a strategic player in Ecuador and throughout South America.
ON BEHALF OF THE BOARD OF SALAZAR RESOURCES LIMITED
Fredy Salazar, President & CEO, Salazar Resources Limited
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This press release contains "forward-looking information" within the meaning of applicable Canadian securities laws. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. Forward-looking information herein includes, but is not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as the successful completion of the Royalty Sale. Such forward-looking information is based on a number of material factors and assumptions, including that the parties will be able to negotiate a definitive agreement in respect of the Royalty Sale, and that the Company will be able to satisfy the conditions precedent to closing of such transaction. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the Company's disclosure documents on the SEDAR website at http://www.sedar.com. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

ChrissiBSC · 23. April 2016

Was läuft da hinter den Kulissen?

ChrissiBSC · 23. April 2016

Und dann gestern endlich Umsatz mit fast 600K.

Schlusskurs 0,12 CAD

http://www.stockwatch.com/Quot….aspx?symbol=SRL&region=C

ChrissiBSC · 23. April 2016

21. April 2016 17.57 Uhr ET

Salazar kündigt Verzögerung der Finanzierung
VANCOUVER, BRITISH COLUMBIA - (Marketwired - 21. April 2016) - Salazar Resources Ltd. (TSX - V: SRL) (FRANKFURT: CCG) (das " Unternehmen ") - Mr. Fredy Salazar, Präsident und CEO kündigt ferner , dass die Nachrichten des Unternehmens zur Freisetzung vom 6. April 2016 Schließung des US - Privatplatzierung $ 1.050.000 Einheit vorgeschlagen (die " Privatplatzierung ") , die Teil des Sanierungsplans des Unternehmens hat , bis die Gesellschaft verzögert und seine Lead - Investor, Ressourcen Capital Fund VI LP ( " RCF VI ") haben einige der aufschiebenden Bedingungen gelöst.
Im Rahmen des Sanierungsplans, zusätzlich zu der Privatplatzierung, ist das Unternehmen eine 2% NSR - Lizenzgebühr in seinem Curipamba Projekt für US 4.750.000 $ zu verkaufen (die " Lizenz Sale "). In Verbindung mit und als Bedingung der Privatplatzierung und Lizenzverkauf das Unternehmen Vereinbarungen grundsätzlich mit bestimmten Gläubigern ausgehandelt hat, Länge Gläubiger einschließlich Arm sowie Mitarbeiter und Direktoren, unbezahlte Schulden zu begleichen (die " Umschuldungs â€‹â€‹") inklusive Schulden entstehen zuvor stieg von Bargeld und für und nicht gezahlte Vergütung zurückgestellt.
Bitte beachten Sie die Pressemitteilung des Unternehmens vom 6. April 2016 weitere Einzelheiten in Bezug auf die Privatplatzierung und andere Aspekte der Rekapitalisierung.
Über Ressourcen Capital Funds
Ressourcen Capital Funds ( "RCF") ist eine Gruppe von gemeinsam verwalteten Private Equity Fonds, gegründet im Jahr 1998 mit einem Bergbausektor spezifischen Anlagemandat quer durch alle harten mineralischen Rohstoffen und geographischen Regionen. Seit seiner Gründung hat RCF 148 Bergbau - Unternehmen unterstützt, mit Projekte in 47 Ländern und über 29 Rohstoffen. Weitere Informationen über RCF können auf ihrer Website ( zu finden http://www.resourcecapitalfunds.com ).
RCF hat ein starkes Team von Investment-Profis, mit weitreichenden Industrie und technisches Know-how und einer nachgewiesenen Geschichte der Investitionen im Bergbau weltweit. RCF Erfolgsgeschichte basiert auf seiner Fähigkeit, technisch und wirtschaftlich überzeugende Vermögenswerte und Support-Management zu holen erwünschte Ergebnisse zu erzielen, während im gesamten Quelle für geduldiges Kapital verbleibt. RCF zielt darauf ab, die Partnerschaft mit Unternehmen stark, erfolgreich und nachhaltige Unternehmen und bemüht sich dabei zu bauen, so hohe Erträge für alle Aktionäre zu verdienen.
Über Salazar Resources Limited
Salazar Resources Ltd. ist ein börsennotiertes (TSX-V: SRL) (FRANKFURT: CCG) Unternehmen, die in der Exploration und Entwicklung von sehr aussichtsreichen Gebieten in Ecuador beschäftigt. Geführt von einem erfahrenen, ecuadorianischen Management Team und insbesondere durch seinen Namensgeber Fredy Salazar, hat dieses Team in anderen großen Entdeckungen in Ecuador beteiligt. in Ecuador basiert, so gründliche Kenntnis der lokalen Menschen und Umweltfragen hat, gibt dem Unternehmen einen strategischen Vorteil, so dass es Exploration in einem rasanten Tempo zu vervollständigen. Mit einem exzellenten Portfolio (3 Projekten- 42.900 ha), einer guten geopolitischen Positionierung und einer Reihe von strategischen unternehmerischen und finanziellen Partnerschaften, hat sich Salazar zu einem strategischen Spieler in Ecuador und Südamerika zu sein.
IM NAMEN DES BOARDS VON SALAZAR RESOURCES LIMITED
Fredy Salazar, President & CEO
Salazar Resources Limited

ChrissiBSC · 8. April 2016

April 06, 2016 07:30 ET Marketwired

Salazar Announces Terms for Financing and Royalty Sale With Proceeds to Advance Curipamba Project
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 6, 2016) - Salazar Resources Ltd. (TSX VENTURE:SRL)(FRANKFURT:CCG) (the "Company") - Mr. Fredy Salazar, President and CEO is pleased to announce a recapitalization plan for the Company that will include a private placement, royalty sale and debt conversion.
The Company is to sell units ("Units") to arm's length financiers to raise US$1,050,000 (the "Private Placement") and will sell a 2% net smelter returns royalty ("NSR") interest in its Curipamba project for US$4,750,000 (the "Royalty Sale"). In conjunction with and as a condition of the Private Placement and Royalty Sale the Company has negotiated agreements in principle with certain creditors, including arm's length creditors as well as employees and directors, to settle unpaid debts including debt arising from cash previously advanced and for accrued and unpaid compensation. Mr. Salazar said: "In these difficult markets we are extremely pleased to have concluded these negotiations. We have been reviewing many financing opportunities and have decided this was the best opportunity available with strong supporters which will allow us to get back to work on advancing our projects in Ecuador."
Private Placement
The Units are to be sold at a price of Cdn$0.06, with each Unit being comprised of a common share of the Company and a half warrant, with each full warrant (a "Warrant") entitling the holder to purchase an additional common share of the Company at a price of Cdn$0.12 (the "Warrant Exercise Price") for a period of two years from closing. The Private Placement will be led by Resource Capital Fund VI L.P. ("RCF VI") which will be purchasing, subject to completion of all documentation and satisfaction of all conditions precedent, US$820,000 of the Private Placement. The remaining US$230,000 balance of the Private Placement is to be purchased by two arm's length investors who have already advanced their subscription funds to the Company. Assuming a US/Cdn exchange rate of 1.2962, the Company is to issue 22,683,500 Units on closing of the Private Placement. The Company's term sheet with RCF VI provides that the parties are to determine a mutually-acceptable work program within three months of closing the Private Placement and if a work program cannot be settled within such period, RCF VI will be issued an additional Warrant for each whole Warrant issued in the Private Placement and the Warrant Exercise Price for RCF VI's Warrants will be reduced to Cdn$0.069.
Royalty Sale
The Company has agreed to sell to RCF VI a 2% NSR in its Curipamba project. The Royalty Sale is to be completed in two tranches of 1% for US$2,375,000, with closing of each tranche being subject to the satisfaction of conditions precedent.
The Company and RCF VI have agreed to a cash expenditure budget for the net proceeds to be received from the Private Placement and the Royalty Sale.
Debt Conversion
The final component of this recapitalization plan, and a condition precedent to the Private Placement and Royalty Sale, are agreements to settle outstanding debt (the "Debt Conversion"). To date the Company has received cash advances from both arm's length parties and certain insiders to assist the Company with maintaining operations and paying all core costs including prior years' tenure payments on its properties. To date the amount owing on account of cash advances plus accrued interest thereon totals US $ 1,052,515 and assuming a US / Cdn exchange rate of 1.2962 the Company will issue 22,737,832 Units on closing of the Debt Conversion. The units to be issued pursuant to this debt settlement will have the same terms as the Private Placement financing units. In addition the Company has negotiated debt settlements for both insiders and non-insiders in regards to accrued and unpaid compensation pursuant to which US$265,783 of debt is to be forgiven and US$258,726 is to be settled by the issuance of 5,589,344 common shares at a price of Cdn $0.06 per share.
No change of control will occur as a result of these transactions. On closing of the Private Placement, RCF VI is to have the right to nominate a representative to the Company's Board of Directors provided that RCF VI or its affiliates hold at least 5% of the Company's issued and outstanding common shares or an interest in the Royalty. RCF VI will also have the right to participate in future financings to maintain its equity interest. In addition, the Company will require the consent of RCF VI to raise equity or convertible debt at a price less than the Warrant Exercise Price until the Warrants expire, with such consent to not be unreasonably withheld.
The Private Placement, the Royalty Sale and the proposed settlement of outstanding debt are subject to the approval of the TSX Venture Exchange. The Private Placement will close once all conditions precedent are satisfied, and the parties have targeted a closing date of April 22, 2016.
About Resource Capital Funds
Resource Capital Funds ("RCF") is a group of commonly managed private equity funds, established in 1998 with a mining sector specific investment mandate spanning all hard mineral commodities and geographic regions. Since inception, RCF has supported 148 mining companies, with projects located in 47 countries and across 29 commodities. The sixth fund, Resource Capital Fund VI L.P. ("RCF VI") with committed capital of $2.04 billion, is now being invested. Further information about RCF can be found on its website (http://www.resourcecapitalfunds.com).
RCF has a strong team of investment professionals, with wide ranging industry and technical expertise and a demonstrated history of investments in mining globally. RCF's track record is based on its ability to pick technically and commercially compelling assets and support management to achieve desired outcomes whilst remaining throughout a source of patient capital. RCF aims to partner with companies to build strong, successful and sustainable businesses and in doing so strives to earn superior returns for all shareholders.
About Salazar Resources Limited
Salazar Resources Ltd. is a publicly-listed (TSX VENTURE:SRL)(FRANKFURT:CCG) mineral resource company engaged in the exploration and development of new highly-prospective areas in Ecuador. Led by a senior Ecuadorian management team and most notably by its namesake Fredy Salazar, this team has been instrumental in other major discoveries throughout Ecuador. Being based in Ecuador, thus having thorough knowledge of local human and environmental issues, gives the company a strategic advantage, enabling it to complete exploration at a rapid pace. With an excellent property portfolio (3 projects- 42,900 hectares), good geopolitical positioning and a number of strategic corporate and financial partnerships, Salazar has positioned itself to be a strategic player in Ecuador and throughout South America.
ON BEHALF OF THE BOARD OF SALAZAR RESOURCES LIMITED
Fredy Salazar, President & CEO
Salazar Resources Limited

ChrissiBSC · 29. März 2016

VANCOUVER, March 28, 2016 /CNW/ - The following issues have been halted by IIROC:

Company: Salazar Resources Ltd.

TSX-Venture Symbol: SRL

Reason: At the Request of the Company Pending News

Halt Time (ET): 8:00 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

ChrissiBSC · 18. Januar 2016

600 million in mining investment by 2016

January 4, 2016 00:00

Mining will be a source of fresh resources to the national economy, in a year characterized by low growth and a contraction of public investment. Unlike the oil sector, which remain contracted, met expectations of low prices for the 2016; investment which will require the construction of major large-scale mining projects will be around USD 600 million.

These investments in strategic sectors no longer come from the State, as in past years, but private mining Corriente and Junefield (China); Lundin (Sweden - Canada) and Codelco (Chile).

For this year, it expected Corriente started with the opening of the mine pit open for copper mining project in the Mirador sky.

The Chinese firm expects to invest some US $ 500 million this year in several works, including the opening of roads, the construction of the plant to process 60,000 tons per day of rock and turn it into copper concentrate, a transmission line to provide power the project and camps and administrative buildings.

Until 2017, Corriente plans to invest USD 1 500 million to start producing copper mine, whose start is scheduled for early 2018. The list of the company also grow from 400 to 2800 workers at the peak of construction.

The Vice President of Corporate Affairs Corriente, Leonardo Elizalde, told this newspaper that there are also advances in studies where will rise Puerto Cobre, an infrastructure of around 20 hectares in Machala, where copper concentrate is exported.

Additionally, we are building a part of the transmission line that will carry power from the national grid Taday (Azogues) substation to the project.

To do some USD 35 million will be invested. In addition, a route of 14 kilometers between Chuchumbletza and Mirador, which currently has a 20% advance will be built and will require USD 20 million investment.

A second strategic mining project will bring new resources to this 2016's Fruta del Norte. Also located in Zamora, this gold deposit is in charge of the Canadian-Swedish company Lundin, which plans to invest $ 60 million this year to begin construction of the mine. These investments are planned for the second half, the mining minister, Javier Cordova said.

The official announced in late December, the government has prepared a preliminary agreement with Lundin before signing the exploitation of Fruta del Norte.

Cordova said that this week will give more details on this draft agreement that contains "the principal terms" of the contract to be signed in June, when Lundin completed the stage of economic evaluation and exploitation phase passes.

For the construction of the mine it is expected to invest around USD 1400 million in the coming years. The Minister of Mines announced in recent weeks, this year could start construction of the mine Rio Blanco gold project in Azuay, who is in charge of the Chinese company Junefield.

Currently, the project is in phase shift of economic evaluation to exploitation. Construction of the mine would take a year and a half with an investment of USD 80 million.

Another project that will bring new investments this year is Llurimagua, still under exploration and whose operation is in charge of the firm Andean Ecuador Mining Exploration, a subsidiary of Codelco, Chile. The concession holder is the National Mining Company (Enami) of Ecuador.

Alvaro Dueñas, manager of Exploration Mining Andean Ecuador, said that this year is expected an investment of $ 6 million for drilling of 10,000 additional meters of rock. At this stage it is determined whether the exploitation of copper in the project is viable.

With this information you can determine if the project goes into production in the coming years. According to Duenas, government authorities have made progress in terms of reforms of laws and regulations to attract investment to the country, but believes that there are always areas that can be improved, especially in the tax issue.

"Mining is very high investment and high labor. The investment generates many dynamics of the economy. They are billions invested and made locally. This is encouraging, because it's time to bring to the situation that is happening in Ecuador. It is worth making the effort to invest in the following years to achieve something alleviate the crisis, "he said.

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ChrissiBSC · 18. Januar 2016

January 14, 2016 07:00 ET

Forsys Signs Earn-In Agreement With B2gold Namibia
TORONTO, ONTARIO--(Marketwired - Jan. 14, 2016) - Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the "Company") is pleased to announce an earn-in agreement ("Earn-In") has been executed with B2Gold Namibia ("B2Gold") whereby B2Gold can earn up to a 100% interest in the Ondundu Gold Project ("Ondundu") in Namibia.
The principal commercial terms of the Earn-In are as follows:
In the first 12 months B2Gold will, as project managers, have the right to acquire 25% of Ondundu for a committed spend of US$900,000;
If B2Gold exercise their first right, in the second 12 months they will spend a further US$1,100,000 to acquire an additional 24% interest in Ondundu (49% in total);
If B2Gold exercise their second right, they may spend a further US$1,300,000 to acquire an additional 26% interest in Ondundu (75% in total) in the third 12 months; and
B2Gold and Forsys may separately exercise a call or put option to transfer the balance of Ondundu for US$8,500,000 after 24 months or 36 months respectively.
Forsys Chief Executive Marcel Hilmer said the Earn-In with B2Gold will ensure that there is a strong financial commitment to develop Ondundu. "We look forward to working with B2Gold to successfully progress the Ondundu project".
About Forsys Metals Corp.
Forsys Metals Corp. is an emerging uranium producer with 100% ownership of the Norasa project that comprises the fully permitted Valencia uranium project and the Namibplaas uranium project in Namibia, Africa a politically stable and mining friendly jurisdiction. Information regarding current National Instrument 43-101 compliant Resource and Reserves at Valencia and Namibplaas are available on the Company website.
The Ondundu Gold project is 70% owned by Forsys.
Shares outstanding: 134.9m
On behalf of the Board of Directors of Forsys Metals Corp. Marcel Hilmer, Chief Executive Officer.
Marketwired

ChrissiBSC · 15. Dezember 2015

In den kommenden Jahren wird es in Ecuador weitere Milliardeninvestitionen in Bergbau-Projekte geben. Bis 2016 erwarte man Investitionen in Höhe von 1,6 Milliarden US-Dollar, um der Bergbauwirtschaft zu einem neuen Schub zu verhelfen, gab am Montag, 7. Dezember 2015, Ecuadors Bergbauminister Javier Córdova auf einer Pressekonferenz in Quito bekannt.

Man hoffe bis 2018 auf eine Erholung der zuletzt gesunkenen Weltmarktpreise für Mineralien, zitiert die Nachrichtenagentur Reuters den Minister. Bisher ist der Bergbau in der Erdöl-Exportnation stark von traditionellem Bergbau geprägt. Daneben existieren fünf Großprojekte für den Abbau von Kupfer, Gold und Silber, wovon eines von der staatlichen Bergbaufirma Enami in Kooperation mit der ebenfalls staatlichen Codelco aus Chile umgesetzt wird.

Die anderen vier Großprojekte werden von ausländischen Unternehmen realisiert. Die meisten Investitionen würden von chinesischem Kapital ausgehen, so Reuters, vor allem über die Bergbaufirma "Ecuacorriente", die Kupfer abbaut. Ein weiterer großer Player ist "Fruta del Norte" von Anlegern aus Schweden und Kanada, die Gold und Silber abbauen wollen. Ecuadors Regierung hatte zuletzt Gesetzesänderungen auf den Weg gebracht, um ausländischen Investoren ein besseres Umfeld zu bieten. Die Bergbauprojekte stoßen vor allem bei Umweltschützern und betroffenen indigenen Gemeinden auf Kritik.

http://www.blickpunkt-lateinam…b2cbd3d15d1e4a38d17ce0fb1