Spain - I Pray in Asturias and Gallicia
16-09-2010 newspaperSpain is on the way to being one of the biggest producers from gold at European level.
The Canadian mining company Kinbauri Gold Corp foresees to reach an annual production in the Spanish mines of 145.000 golden ounces, with what Spain will turn into one of the biggest producers of gold of Europe.
Kinbauri, there announced the above mentioned forecasts in “Gold and Silver Meeting of Madrid 2009 ″, he foresees in the course of 9 years to extract in Asturias approximately 900.000 golden ounces and 100 million pounds sterling of copper, production that will generate income at the price of more than 700 million euros.
In March, 2007, the Canadian mine-layer Kinbauri acquired the totality of the interests of RNGM (Rio Narcea Gold Mines), located in the golden Belt Rio Narcea.
Also, it increased the golden reservations known up to reaching 2,2 million golden ounces.
Kinbauri foresees that his business in the Spanish national territory generates approximately 300 jobs in his mines located in Spain.
In particular, the golden extraction in Asturias will generate 200 positions, while the Corcoesto gold-mine, in Gallicia, will use more than 100.
Golden projects in Asturias
Rio Narcea
The Principality prohibited in 2005 Rio Narcea the auriferous development in Salave. Since then there are contentious several, hanging on resolution.
Lundin Mining
In 2008 Lundin Mining raised a new way: the underground exploration to determine how much gold is in Salave. The steps began, but they are stopped.
Astur Gold
This year 2010 formalized the buy of the deposit for Astur Gold, which wants to exploit the gold.
16-09-2010 LNE
Astur Gold resigns from the open sky and chooses for the underground development in Garden wall
Astur Gold warns that if it does the opinion poll gallery at the end of year it is because it will extract gold. The new exposition happens for betting for the underground development of the gold tapiego constructing a gallery under ground. The pithead of the tunnel will be to 2,2 kilometers of the lakes of Miscellany.
15-09-2010 LNE
Astur Gold asks for license to know the dimensions of the gold-mine of Salave
The mining company Astur Gold has just requested to the Principality the permission to execute an underground gallery in the environment protected from the Lagos from Miscellany, in the locality tapiega of Salave.
This supposes the opening of a ruled procedure, as they confirm from Industry. This is: the request of Astur Gold will begin to be studied and the organisms will be sent with competitions in the matter so that they express his opinion if it is necessary or not to authorize such a permission of investigation.
15-09-2010 LNE
Astur Gold already has office rented in the town and he is employed at the diffusion of the project
Since it disembarked in Asturias last May the company Russian - Canadian Astur Gold has not moved back in his determination for spreading the virtues of his project. The company speaks about 100 million euros of investment in Salave, 2.400 millions of invoicing of that 600 would remain in Asturias, fifteen years of development and a creation of employment of five hundred positions (250 direct ones and indirect some others).
Astur Gold spreads his project across the web www. AsturGold.es
03-08-2010 SoyMino
Gold-mines in Salave (Asturias)
What has to do Guatemala, Canada and the Asturian municipality of Salave? In this great encompassed world, since although they change the places the histories of the persons are identical. Where it puts Guatemala you can change it into Asturias, Africa or China, the history recurs repeatedly. The mining companies do and undo without importing his environment for them, trying with entire scorn the persons' life and animals, with the only emulation to prosper.
They all possess the same modus-operandi and they all come from a country: Canada.
To the north of Spain, in Asturias, there is a small people called Salave (very close to Garden wall of Casariego) that for a few years fights bravely to avoid the development of a gold-mine for the company Goldmines.
At first it seems that they had obtained it, but with the entry in the game of persistent Cary Pinkowski, the things have changed.
Let's set to the existing gold-mine from the epoch of the Romans in Salave (Asturias). Let's see as there works the oligopoly that exploits these resources. So that we do not do a foul-up to ourselves with the foolish talk of names that comes next we are going to see with the one whom we treat …
Also in Blog Tony (Holidays and Derivatives).
21-07-2010 the Voice of Gallicia
The gold of the mine of Salave keeps on being a priority for Astur Gold
All the projects of future of the mining company Astur Gold have been reflected on a finished web page in which he reports, between other matters, that the golden extraction of the lakes of Salave will generate approximately 500 jobs and that, after extracting the gold, a big sports port will be constructed in Garden wall. In not so long term, the company what he wants is to receive authorization, first of all, to explore the area with an underground gallery, something that has confirmed the Industry commission. The general manager of Mining and Energy, Isaac Pola, made sure in St Martin of Oscos that Astur Gold does not leave this project, presented at the end of 2008, and that in these moments he is paralyzed. The performance you sewed in the construction of a 1,5 kilometers gallery under the Salave lakes.
20-07-2010 LNE
Astur Gold supports the project of underground exploration in Salave
The general manager of Mining and Energy of the Principality, Isaac Pola, makes sure that there is no any innovation on the projects to exploit the gold of the deposit tapiego of Salave. What yes Pola has confirmed is that they have supported a meeting with the company Astur Gold - new proprietor of the rights of development of the lakes of Miscellany - and that the company goes forward with his intention of exploring first the deposit before executing any development project.
18-05-2010 the Commerce
Asturias - Rejected the millionaire compensation for the Salave gold-mine
Astur Gold will turn the deposit into an underground mine to have more options to achieve the approval of the Principality
The Room of the Administrative Contentious thing of the Top Court of Justice of the Principality (TSJA) has rejected the resource presented by the owners of the gold-mine of Salave in which they were requesting to the Principality an indemnification for 330,97 million euros by way of dammages for having refused the opening of the auriferous development of Garden wall in August, 2005.
The magistrate thinks that after three demands presented before the Supreme Court are dependent on resolution it is not necessary to determine if Mining Developments of the Cantabrico S. L. and Rio Narcea Corporativa SL - proprietresses of the mining authorizations - have right to perceive compensations of the regional Administration for “emergent damage” and “dismissed lucre”, equivalent to the income that they had perceived for the sale of the golden mineral and for the investments attacked for the buy of the deposit, geologic studies …
The mistake thinks in this sense that the contentious one presented by both companies is "premature". If the high court, in effect, determines that the mine must be authorized, then the possibility of economic compensation would not fit, it points out.
The Supreme one, in effect, must still solve three resources on the Salave gold-mine. One of them, which the owners of the authorization consider to be fundamental, alludes to the motives used by the Principality for pushing the opening of the mine back. This way the resolution in against was based on the Plan of Arrangement of the Coast (Pola) on having thought that the auriferous development was contradicting the town-planning regulations and of town and country planning. For the appellants, nevertheless, the decision of the regional Government damaged the Law of Promotion of the Mining of 1977, a norm of top status that cannot stay without effect for an autonomic disposition like the Pola.
The judgment supposes a reverse in the aspirations of Astur Gold, the new name of the proprietress of the deposit, because although he admits that the decision of the Principality has harmed this company it links the resolution of the conflict to the decision of the Supreme Court. And the problem is precisely in that one does not wait for a resolution up to at least one year and a half or two years. Of having been provided with a favorable mistake of the TSJA - right to receive 330,97 millions of indemnification - Astur Gold would have an important advantage to negotiate with the Principality an exit to the conflict.
Be as it will be, Cary Pinkowski - the proprietary Russian investor of the deposit - and his collaborators will not hope to the resolution of the Supreme Court that to try to start the mine of Salave, who assure it is the biggest deposit of Europe on having lodged golden reservations at the price of 2.400 millions. Emlio Hormaeche, president of Astur Gold, reveals that the company is already employed at a project to turn the opencast mine projected initially in one of interior. It seems, according to the manager, that this option would have more possibilities of being provided with the approval of the regional authorities.
15-05-2010 the Commerce
Asturias - Gold does not urge the proprietors of the mine of Salave to detail the extractive plan
The numbers of investment and of generation of employment that there have offered the representatives of the Canadian company Cardinal Dagilev as regards the Salave gold-mine do not convince his detractors.
Especially, because «they continue and a project, nor official present not officiously», the president of the platform exhibited I pray Not.
In his opinion, the announced investment of more than 70 million euros and the consolidation of approximately 250 direct work places throughout more than one decade «there are only the good part, but it is necessary to us to know the bad part, because they continue without saying what is what they want in return», there criticized the spokeswoman of the group, for whom the delay in the presentation of the extractive project corresponds to «a strategy of sale» that, to his judgment, turns out to be benefited by the economic context.
That's why, it pressed to the company, which meditates extracting approximately 60 tons of gold of the environment of the lakes of Salave (a quantity that would reach a value for 2.500 million dollars on the international market), to present his mining project to the Commission of Industry and Employment, which shows the competitions for his procedure.
14-05-2010 LNE
Asturias - The platform tapiega Gold does not correct of inadmissible the silence of the Principality
The opponents to the auriferous Salave deposit want that the regional Government makes his intentions clear on the plan of the Canadian Dagilev.
The visit that the company Cardinal Dagilev Corporation was reckoned to realize to Garden wall on Tuesday has provoked a deep worry in the neighbors of the council who are opposed to the auriferous development of that the signature has the rights. Although officially there has not been track for Garden wall of the Canadian businessmen, who recently have acquired the Salave golden authorization, the neighbors of the platform I Pray they do not show his mistrust before the movements and the facts that are taking place. It is the motive for which yesterday the platform expressed a bulletin in which it qualifies of inadmissible the sepulchral silence that the Government of the Principality supports.
21-04-2010 EP
Asturias - The resources of the gold-mine Salave are 15 % superior to the estimations of 2004 amounting to 1.683.000 ounces
The Canadian company Cardinal Dagilev Corporation, who recently has acquired the auriferous project of Salave (Asturias), has realized a study that concludes that the auriferous resources of the mine are 15 % superior to the estimations of 2004.
In accordance with this realized opinion poll, the company "suspects" also that the ounces inferred (that is to say investigated but not confirmed 100 %) might still increase 52 %, that is to say to 338.000.
These numbers would place Salave like “one of the biggest deposits of gold and of higher grade of Western Europe“, according to his owner the Canadian, of German origin, Cary Pinkowski.
15-04-2010 Cotizalia
A Russian investor buys the mines of Salave (Asturias) 2 weeks before going out to bag
A Russian fund with head office in Vancouver, Canada, has been done by the development of the golden deposit of Salave. The company Cardinal Dagilev Corp., property of the investor Cari Pinkowski, he has bought to Lundin Mining the mine placed in the emblematic lakes, in the municipality of Garden wall of Casariego, Asturias, for 20 million Euros. The payment will become effective when the company receives all the permissions and licenses necessary to be able to exploit it.
Likewise, the Dagilev has acquired the totality of the qualifications in circulation of Mining Developments of the Cantabrico (ECM), branch of Rio Narcea for 500.000 Euros and the emission of 5.296.688 ordinary shares. For his part, Lundin, happens to be a proprietress of 19,52 % of 27.136.689 actions of Dagilev when it finishes the operation.
But not everything is a way of roses for these two companies. The operation might be a real defeat if the Supreme Court fails in favor of the regional government of the Asturias, which was denounced by Rio Narcea for prohibiting the golden development in this place.
The gold-mines are thought how the biggest and purest of the whole west of Europe and one hopes that they should generate more than 40 tons of the precious metal.
25-02-2010 the Voice of Gallicia
Asturias - After 40.000 kilos of gold of Garden wall
A Canadian company will acquire the rights to exploit the mine placed under the Lagos of Salave, an enclave that in Asturias they all say to want to protect. In these moments the rights of the authorization it is in hands of the company Lunding Mining Corporation, although in the next days it is foreseen that formalizes the sale to the Canadian company Cardinal Dagilev Corporation for approximately 20 million euros.
16-02-2010 LNE
Asturias - The mayor of Garden wall doubts that the new proprietor of the gold-mine could exploit it
The reactions after the sale of the golden authorization of Salave (Garden wall) on the part of the group Lunding Mining Corporation to the Canadian company Cardinal Dagilev Corporation for 20,5 millions, have not done to wait and have not happened unnoticed in the council tapiego.
14-02-2010 LNE
Andalusia and two Castiles receive more mining funds for companies that Asturias
The Principality only receives 19 % of 145 millions granted by Industry.
23-01-2010 LNE
The fever of the gold returns to Asturias
The Canadian company Orvana receives the first teams and machinery to resume the auriferous development in Belmonte and Rooms by means of underground mining.
The Canadian mining company Orvana Minerals Inc., proprietress from summer ends of the Asturian auriferous deposits of Belmonte of Elevated place and Rooms, has begun already to open the machinery that will do the deepening of the developments of The Valle-Boinás and Carlés, in order to resume the golden securing in both mines, which were closed in 2006 by his first owner. There has already come to the development the first jumbo (drill) that will be used in the galleries opening and that later will join to the works of development of the cameras of mineral. In a few days new machines will join to begin to construct the galleries before it finishes this month. The Canadian company foresees the arrival of more than thirty teams, between jumbos, bulonadoras, cargadoras, trucks and other machines of service and maintenance, all of them adapted for mining of interior.
Orvana communicated to the Stock Exchange of Toronto in November that two deposits of Belmonte and Rooms “have potential to be one of the biggest producers of gold in Europe”. The due production will consist of copper - gold concentrates and "bullion" (golden ingots with something of copper). Orvana estimates the existence of a few resources in The Valle-Boinás and in Carlés of 1,27 million golden ounces (39,41 tons) and 76 million pounds sterling of copper (34.473 tons).
The development that Orvana will attack will be underground, in contrast to Rio Narcea Gold Mines, which extracted 34 tons of gold between 1997 and 2006, but almost in its entirety by means of surface mining.
16-01-2010 the Voice of Asturias
Asturias - Orvana might pay 50 millions to Glen Eagle
Orvana has just done a new review of his forecasts for his Asturian auriferous project in the development of The Vale and Carlés. The above mentioned perspectives keep on happening for reactivating the activity at the beginning of the next year, although the litigation with Glen Eagle might obstruct up to a point the above mentioned target. The president and chief executive of Orvana, Carlos Mirabal, points out that “we already have the necessary permissions, the teams, and the suitable personnel to begin the underground development that opens access to the seams of short-term minerals and also the excavation of a well. We are inside the budget and calendar foreseen to begin the production in January, 2011 ″. The company also has pointed out that Glen Eagle has begun formally an arbitration process against Orvana Minerals Asturias and Kinbauri Spain.
14-12-2009 LNE
The crisis gives sheen to the Asturian gold
The Canadian company Orvana Minerals Inc. wants to make use of this lode in Asturias and in January it will begin to perforate a well 400 meters deep to gain access to the new underground golden reservations in the deposit of The Valle-Boinás, in Begega (Salt). The company was done at the end of the summer with the property of Kinbauri Gold Corporation and of his auriferous developments in the Principality.
01-10-2009 LNE
The Canadian Orvana is done under control of the gold-mines of Rooms and Belmonte
The mining company reaches the full mastery of Kinbauri, who had acquired 2 years ago the developments to Rio Narcea Gold Mines. In expectation that Orvana reveals his plans, everything points that the Asturian deposits (the most important that Kinbauri has in Spain) are one of the targets of the new owner to promote the investment that it has just realized and more when the gold quotes again to the rise.
22-07-2009 the Voice
Kinbauri signs an outline agreement to fuse with the company ATW
The soap opera concerning the financing of the project of Kinbauri in the Principality does not seem to have come not much less to his end. After the frustrated operation of buy of the company on the part of Glen Eagle Resources and the entry in scene of the signature Orvana Minerals in the shape of hostile Opa still not solved on the company now a new protagonist has just jumped to the field of play. It finishes of be known that Kinbauri has reached a merger outline agreement with ATW Gold Corp to combine two companies to an exchange rate of 1,35 actions of ATW for 1 action of Kinbauri. ATW is a producer and golden developer, in possession of two mines in Western Australia.
02-07-2009 LNE
Garden wall is not of gold
Asturias. Garden wall of Casariego takes four years in vilo, without knowing if, finally, the Salave gold-mine will turn into a reality. Since there were known the pretensions of the auriferous company Rio Narcea Gold Mine, that in 2005 was trying to excavate a crater 600 meters in diameter and 212 meters deep to extract the gold of the entrails of Garden wall of Casariego, the people is in war foot because, although, in principle, the project was rejected, the true thing is that the Principality has left an opened door to realize a new prospect.
23-12-2008 the New Spain
Spain - Asturias - Kinbauri detects new golden deposits without registering in Belmonte and Carlés
The company, which delays 2011 the opening of the development, calculates that the resources overcome the forecasts in 80 %.
The entire resources of the mines of The Vale, in Belmonte, and Carlés, in Rooms, amounts to 916.000 ounces of measured gold and of 1.097.000 ounces of inferred gold. It is the result of the last technical report prepared by the company Kinbauri Gold Corp. and that he states that this way “it improves the viability of the project, on having raised the resources measured over 80 %”. The publication of the report almost coincides with the time with the signature, yesterday, of an agreement between the Town hall of Belmonte and the mining entity, previous to the beginning of the extractive activities, which are postponed 2011, one year after last announced date.
08-12-2008 ABC
Spain - The golden Salave struggle
Garden wall of Casariego. 2000 years ago, the Romans scratched the Asturian ground in search of gold. The kilos and kilos found in the subsoil financed big warlike campaigns with which they took possession of half a world. Belmonte, Rock Furada or Salave were some of the richest developments. 20 centuries later, the houses of the municipality of Garden wall of Casariego hang now cartels with the motto “Gold not”. The slogan hides an authentic local and political struggle for Cantabrico avoids the reopening of the mine in the acquaintances like lagoons of Miscellany, placed to 100 meters of the sea, but in the Salave mine there can be up to 47 tons of the valuable metal, which would reach 870 million euros on the market.
04-10-2008 LNE
Spain - Asturias - Kinbauri hopes to finish this year the opinion poll in the Belmonte gold-mine
The Canadian company Kinbauri Gold Corp wants to begin to extract mineral in 2010. And while auriferous areas are protected in the Asturian Occident, others continue in march. Kinbauri reckons to finish this year the 23.000 meters opinion poll in the gold-mine of Belmonte, placed in the proximities of Berets.
11-04-2008 LNE
Spain - Asturias - Kinbauri Gold Corp will initiate in 2010 the golden extraction in the Belmonte mine
The gold-mines of The Valle-Boinás (Belmonte) and Carlés (Rooms) will be re-opened in 2010.
It was indicated that there is mineral at least for 10 years of operations and that his intention is to turn that of Belmonte into the most important mine of the north of Spain. As there explained the vice-president of the Canadian company, they rely on with a big financial support of his investors and in one year they have already duplicated the mineral resources. “In Toronto and Germany we obtain the financing. We work neither with money of the governments nor with subsidies. They are our investors those who endorse us, hence we have to work in a serious, careful and professional way. If we were not making it like that we would not have economic support, since the people do not invest unless it sees future in the project”.
Auriferous resources in Asturias
In the Asturias there are auriferous deposits which are dated from the antiquity, existing traces of his extraction for the astures and later for the Romans.
The golden deposits in Asturias are in the areas of the Navelgas and in Belmonte of Elevated place there exists a mine of the Canadian company Kinbauri.
More linkage on the gold in Asturias:
08-08-2009 RTPA
VIDEO - Asturias - You Them Cogo of Andía, in Franco, they will show after the summer a new image
You them Cogo of Andía, in Franco, they release this summer visits guided across curious forms that the water has molded for centuries in the lime rock and that stayed to the overdraft with the Roman auriferous development that took place in the centuries one and two after crucifix. This place was one of the big reservations of gold of Asturias, the Caves of Andía have turned into last months in one of the most visited places of the historical Navia park. One believes that of this place the Romans went so far as to extract up to 13.000 tons of gold, something that calls greatly the attention of the visitor, but especially it attracts the scenery.
Golden resources in Gallicia
The Canadian mining group Kinbauri controls approximately 500.000 golden ounces in the Galician Corcoesto mine, inside the golden Belt Malpica.
17-06-2009 the following thing publishes the Voice of Gallicia:
The fever of the gold of Corcoesto remained in simple fever
The owners of the development decide this week the future of the deposit
A deposit of 2.000 years that there goes way of waiting for some others
24-06-2009 the Voice of Gallicia
Alone Kinbauri will exploit the Corcoesto gold if the economic crisis sharpens
The mine would be profitable with the current quotations of the metal, but there are no guarantees of which they are supported.
Kinbauri Oro
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