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Gold from Latin America

Although Latin America is not one of the largest gold producing regions, the mining operations are positive for many relatively poor countries there

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Poverty and the political unrest it causes exist in some Latin American countries. But also gold. Recently Venezuela received help from Iran to repair refinery plants. According to a Bloomberg report, Venezuela has paid with gold. Nine tons of gold are said to have travelled to Iran by plane.

Companies listed in Canada with gold development projects in Latin America include Condor Gold: https://www.commodity-tv.com/play/condor-gold-mine-plan-for-la-india-and-mestiza-open-pits-fully-permitted/. Its La India gold project in Nicaragua is said to have the highest resource grade among the open-pit gold mine projects there. With La India, Condor Gold holds almost 600 square kilometres of exploration licences in a gold mining area where gold mines already exist. Initially, it should be possible to produce around 100,000 ounces of gold annually. In the longer term, underground mining is then planned.
In Nicaragua too, the political situation was not easy, especially in 2018, but the situation seems to have improved. 

GoldMining also has gold and copper projects in Latin America: https://www.commodity-tv.com/play/newsflash-with-goldmining-rnc-minerals-isoenergy-and-gold-terra-resources/. The portfolio includes three projects in Colombia, seven in Brazil, one project in Peru and further projects in the USA and Canada. The growth-oriented company recently acquired the Yarumalito gold project in Colombia (inferred resource of 1.24 million ounces of gold).

Current company information and press releases from GoldMining (https://www.resource-capital.ch/en/companies/goldmining-inc/).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also 
applies: https://www.resource-capital.ch/en/disclaimer/ 

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Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

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