Canadian mining company Hudbay Minerals has started pit development of the Pampacancha copper and gold project in Peru having secured full access to the site. The announcement follows the completion of the final land user agreement for the high-grade copper and gold satellite deposit. The Pampacancha copper and gold project is located nearly 7km from […]
Plateau Energy Metals said that it has engaged Emily Sarah Hersh of financial consultancy firm DCDB Group for giving it consulting and advisory services on getting strategic investment partners for its Falchani lithium project in Peru. The Canadian exploration and development company has signed a “shares for services agreement” with Foxrock Investment, a subsidiary of DCDB Group, […]
Lida Resources, a Canadian mineral exploration company, has signed two agreements to acquire 400 hectares which make up the Quiruvilca silver mine in Peru for $200,000. The Quiruvilca silver mine is located in Quiruvilca District, Santiago de Chuco Province and is six miles south-east of Lida Resources’ San Vincente asset, which is a lead, silver, […]
Wind industry news : Italian energy company Enel has commissioned the Wayra I wind farm in Peru, built with an investment of over $165 million and which has a power generation capacity of more than 132MW. Wayra I Wind Farm in Peru Operated by Enel Green Power Peru (EGPP), Enel’s local renewables subsidiary, the Wayra […]
Food ingredient news : US-based Sensient Technologies has agreed to buy Peruvian natural food ingredient company GlobeNatural’s natural color business for an undisclosed price. Sensient Technologies, which manufactures colors, flavors and fragrances, expects the acquisition to strengthen its ‘Seed to Shelf’ strategy. Post-acquisition, it will rename the GlobeNatural’s natural color business to Sensient Natural Colors […]
Retail acquisition news : InRetail Peru, a Peruvian multi format retailer has agreed to acquire Quicorp, a Peru-based pharmaceutical distributor and retailer in the Andean region for $583 million. InRetail Peru acquisition of Quicorp is expected to bolster the operations of the multi format retailer in the pharma sector further, improve its international expansion strategy, […]
Biological Source of Cinchona: Other names of Cinchona Bark: Cinchona is a dried bark obtained from the cultivated trees of Cinchona calisaya, Cinchona ledgeriana, Cinchona officinalis, Cinchona succirubra of the family Rubiaceae. Cinchona is called as Jesuit’s bark as this bark was identified and used by the Jesuits for its anti-pyretic property. As it was […]