Los Andes Copper Ltd. , is pleased to provide an industry update following London Metal Exchange Week. The annual gathering of the global metals community in London at LME Week included representatives from the breadth of the supply chain, with discussions centering around current trends in metals markets and outlooks for the year ahead. ESG and the green transition was a principal focus at LME Week 2023. The London [...]
Los Andes Copper Ltd. is pleased to announce that it has appointed ERM to conduct a strategic analysis of the licensing process for the Vizcachitas Project and to define the required baseline studies. ERM is a leading global, full-service, sustainability consulting firm. They have been operating in Latin America since the 1990s with 7 offices in the region, and more than 160 offices globally. In Chile specifically they [...]
Los Andes Copper Ltd. is pleased to announce that it has appointed ERM to conduct a strategic analysis of the licensing process for the Vizcachitas Project and to define the required baseline studies. ERM is a leading global, full-service, sustainability consulting firm. They have been operating in Latin America since the 1990s with 7 offices in the region, and more than 160 offices globally. In Chile specifically they [...]
Los Andes Copper Ltd. is pleased to announce that the royalty agreement reported July 24, 2023, with Ecora Resources PLC for a total cash consideration of US$20,000,000 has now closed. The Royalty was calculated over the sale of all minerals produced from the Company's Vizcachitas Project in Chile . Ecora will receive royalty payments calculated as 0.25% Net Smelter Royalty on minerals sold on open pit operations and [...]
Los Andes Copper Ltd. is pleased to announce that it has entered into a royalty agreement with Ecora Resources PLC for a total cash consideration of US$20,000,000. The Royalty is calculated over the sale of all minerals produced from the Company's Vizcachitas Project in Chile . Ecora will receive royalty payments calculated as 0.25% Net Smelter Royalty on minerals sold on open pit operations and 0.125% NSR on underground [...]
Los Andes Copper Ltd. is pleased to report that on June 15, 2023, the Second Environmental Court in Chile ruled that Los Andes has complied with all the conditions imposed on July 20, 2022 and is now authorized to restart drilling. On March 18, 2022, the Second Environmental Court in Chile issued a preliminary injunction suspending the drilling program of the company. On July 20, 2022, the Court decided that the company's [...]
Los Andes Copper Ltd. is pleased to announce that, Resource Capital Fund VI L.P. , has exercised the 1,340,000 warrants of the Company that it held. Accordingly, the Company has received $6,700,000 and has issued 1,340,000 new ordinary shares. The warrants were offered in connection with an $8.8 million private placement which was completed in two tranches with the first tranche closing on May 7, 2018 and the second [...]
Los Andes Copper Ltd. announces that in accordance with the terms of the US$5,000,000, US$4,000,000 and US$5,000,000 eight per cent convertible debentures issued to Queen's Road Capital Investment Ltd. on June 2, 2021, April 4, 2022 and September 2, 2022 the Company has elected to issue 11,550 common shares in the capital of the Company at a deemed price of US$9.09 to Queen's Road Capital as payment for US$104,990 in [...]
Los Andes Copper Ltd. advises that Santiago Montt has been appointed as the Chief Executive Officer of the Company, effective May 25, 2023. Mr. Montt has served the Company as Interim CEO since November 1, 2022, where he was responsible for the Company's operations in Chile. Prior to this, he was the Company COO. Mr. Montt is a global mining executive with vast experience in leading teams in multinational mining [...]
Los Andes Copper Ltd. is pleased to announce further that it has now filed the pre-feasibility study at its 100% owned Vizcachitas Project which was the subject of its news release of February 23, 2023 . The PFS, titled "Vizcachitas Project Pre-Feasibility Study Valparaíso Region, Chile NI 43-101 Technical Report" dated March 30, 2023 with an effective date of February 20, 2020 was prepared for Los Andes by Tetra Tech [...]
Los Andes Copper Ltd. announces that in accordance with the terms of the US$5,000,000, US$4,000,000 and US$5,000,000 eight per cent convertible debentures issued to Queen's Road Capital Investment Ltd. on June 2, 2021, April 4, 2022 and September 2, 2022 , the Company has elected to issue 11,984 common shares in the capital of the Company at a deemed price of US$8.76 to Queen's Road Capital as payment for US$104,979 in [...]
Los Andes Copper Ltd. is pleased to announce the results of a positive Pre-Feasibility Study at its 100% owned Vizcachitas Project , a world class porphyry copper project, located 150 km north of Santiago. The PFS has been prepared by Tetra Tech Sudamérica S.A, a leading international engineering firm. A conference call and webcast to discuss these results will be held on Friday, February 24, 2023, at 12.00 p.m. Eastern [...]
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