SolGold (LSE & TSX: SOLG) has announced the completion of a comprehensive Pre-Feasibility Study (PFS) for its flagship Cascabel Project in Ecuador, showcasing a promising future with substantial initial capital expenditure savings of over $1 billion compared to prior estimates. Prepared in accordance with National Instrument 43-101 (NI 43-101), the study affirms the economic viability […]
In an unprecedented move, Ecuadoran President Daniel Noboa has declared an all-out “internal armed conflict” against the nation’s formidable criminal gangs. This dramatic decision comes in the wake of a terrifying assault by hooded gunmen on a television studio and chilling threats against security forces and civilians. TV Studio Attack: The Tipping Point The nation […]
Venus Remedies Limited, renowned for healthcare innovation, continues its global growth trajectory with the latest launch of its cutting-edge antibiotic formulation, Elores, in Ecuador. Building on previous successful launches in countries including India, Saudi Arabia, and Tanzania, this expansion further cements the company’s commitment to tackling antibiotic resistance on a global scale. Elores stands out […]
In a sensational twist ahead of Ecuador’s impending presidential elections, candidate Fernando Villavicencio, a relentless challenger of corruption and crime, was brutally assassinated during a campaign event in northern Quito. This sudden murder has left the nation reeling, intensifying an already charged atmosphere, and casting a pall of fear and uncertainty on the forthcoming polls. […]
SolGold has signed an agreement with Cornerstone Capital Resources to gain 100% ownership in the Cascabel copper and gold project in Imbabura province, northwest Ecuador. Under the terms of the agreement, SolGold, which is an Australia-based copper and gold exploration company, will acquire all of the issued and outstanding shares of Cornerstone Capital Resources, other […]
Lundin Gold has initiated the first phase of restarting operations at its Fruta del Norte gold mine in Ecuador, which were suspended owing to the Covid-19 pandemic. The Canadian mining company said that it has shipped all of the concentrate and doré which were stored at the site since the suspension of operations in late […]
Food acquisition news : Food and beverage giant Nestle has bought a majority stake in a Latin American organic food company Terrafertil, a producer of plant-based foods and healthy snacks for an undisclosed price. Nestle Acquisition of Terrafertil Stake Nestle acquisition of Terrafertil stake is expected to expand the former’s footprint in a fast-growing segment […]