Metminco has recently acquired two Colombian gold projects at Miraflores and Dosquebrados for around 20% of the market value currently ascribed to gold resources in Colombia. The current average market valuation accorded to almost 40m oz of Colombian gold resources held by seven listed Canadian companies implies that Metminco’s Colombian acquisition alone is worth around three times the current market value of the company. Metminco has identified capital and operating cost savings at th
05 Oct 2016
Near Term Gold Production in Colombia
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Near Term Gold Production in Colombia
Metminco (MNC:LON) | 0 0 (-5.5%)
- Published:
05 Oct 2016 -
Author:
John Meyer | Sergey Raevskiy | Simon Beardsmore -
Pages:
35
Metminco has recently acquired two Colombian gold projects at Miraflores and Dosquebrados for around 20% of the market value currently ascribed to gold resources in Colombia. The current average market valuation accorded to almost 40m oz of Colombian gold resources held by seven listed Canadian companies implies that Metminco’s Colombian acquisition alone is worth around three times the current market value of the company. Metminco has identified capital and operating cost savings at th