Post by
domcolumba on Feb 09, 2023 7:29am
Soto Norte???
https://www.mining.com/colombian-president-reiterates-negative-to-allow-gold-mining-in-the-andes-mountains/ Petro’s words alluded to the Soto Norte project presented by the Sociedad Minera de Santander (Minesa), a company owned by the government of Abu Dhabi through its investment arm Mubadala Investment Company. The proposal was shelved in 2020 by Colombia’s National Authority of Environmental Licences (ANLA in Spanish), under the argument that there were too many unanswered questions in Soto Norte’s environmental impact assessment and follow-up documentation submitted by Minesa.
Comment by
domcolumba on Feb 09, 2023 7:34am
This project could be another Pasqua Lama for those old enough to remember. Barrick lost $8 billion on the project and for similar environmental concerns. Soto Norte is DEAD in the water. Dom
Comment by
Golddd on Feb 09, 2023 9:14am
You are very wrong.soto norte will be 100% authorized
Comment by
kkkrrr on Feb 09, 2023 9:19am
Soto Norte is years away.... opinions changes with other presidents
Comment by
kkkrrr on Feb 09, 2023 11:20am
Barrick never invested this money... the Capex estimate was 7 billion USD in 2017 or so ... ARIS is far away from this stage of developement ... and without permits no bigger investments...
Comment by
domcolumba on Feb 09, 2023 11:32am
Barrick had to write off $8 billion. You are posting false information.
Comment by
Chizkiyahu on Feb 10, 2023 11:32am
I am sure Neil Woodyer knows what's going on so he bought 145,000 shares a few weeks ago. He must have great confidence with Aris. If you're not happy with Aris, go and join other bullboard. Strong buy! Cheers!
Comment by
kkkrrr on Feb 10, 2023 1:02pm
Soto Norte is a project for the future.. more important now is Segovia and Marmato .. later Toroparu ... Marmato expansion is next ...