(Boursier.com) — After having obtained all the necessary permits and authorizations, AMG Peru recently started the exploration project for the “Nancy” and “Lucero” vein located on the “Sandra 104” concession.
“This is an important step for AMG Peru and for the future of the AMG Group, as it could help renew the resources and reserves destined for the Suyckutambo processing plant,” explains Auplata.
AMG Peru signed a financing agreement on June 24 with the Peruvian bank Banco Interamericano de Finanzas – BANBIF (Bank with more than 30 years of experience in the Peruvian mining market), making it possible to finance the necessary equipment for the “Ana Maria” treatment at the “Suyckutambo” site to increase the treatment capacity from 300 tonnes / day to 500 tonnes / day from August 1, 2022.
This financing has a maturity of 3 years. The increase in the processing capacity of the plant from 300 tons / day to 500 tons / day should result in an increase in turnover for AMG Peru of approximately 5.5 ME per year).
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