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Mako Mining Corp V.MKO

Alternate Symbol(s):  MAKOF

Mako Mining Corp. is a Canada-based gold mining, development and exploration company. The Company holds 100% of four mineral concessions in Nueva Segovia, Nicaragua for a total land package of approximately 18,817 hectares. The San Albino gold deposit, located within the San Albino-Murra Property mine is in Nueva Segovia, Nicaragua. Its San Albino gold project is an open pit development project located in Nueva Segovia, Nicaragua, approximately 173 kilometers north of Managua and accessible through a paved highway. Its Las Conchitas area is located approximately 2.5 kilometers south of its high-grade San Albino Gold Deposit and is situated near the southern end of the Corona de Oro Gold Belt. Its subsidiaries include Gold Belt, S.A., Marlin Gold Mining Ltd., Marlin Gold Trading Inc., Nicoz Resources, S.A. and Oro Gold de Mexico, S.A. de C.V.


TSXV:MKO - Post by User

Bullboard Posts
Post by fdjens1on Oct 07, 2015 9:55am
83 Views
Post# 24171048

Cop killed. Looks like gun violence at Nicarauga mine

Cop killed. Looks like gun violence at Nicarauga mine

Police Officer Dies In Violence During Labor Dispute At B2Gold’s Nicaraguan Mine https://www.kitco.com/news/2015-10-07/Police-Officer-Dies-In-Violence-During-Labor-Dispute-At-B2Gold-s-Nicaraguan-Mine.html


(Kitco News) - A police officer died and others were injured after an outbreak of violence at B2Gold Corp.’s (TSX-BTO, NYSE MKT-BTG, NSX-B2G) El Limon Mine in Nicaragua Tuesday, the company reported.

Violence broke out when the Nicaraguan National Police attempted to clear access to the mining operation’s main entrance, B2 Gold Nicaragua reported. A Reuters report said the violence began when police officers were protecting a company bus transporting miners from El Limon to another mine.

According to news reports, as more than 20 police were injured, with one fatality. Civilian injuries also occurred.

B2Gold reported earlier in the week that access to the El Limon Mine and process facility has been blocked since Sept. 28 by a small group of workers, community members and other people not affiliated with El Limon Mine, adding that the standoff is linked to an earlier dismissal of three employees. The company refers to the situation as an “illegal blockade.”

“Our solidarity is with the family and friends of the fallen officer, a victim of violent acts at El Limon Mine that have not only caused irreparable harm to a Nicaraguan family but that affect the entire community of the mining district,” said Martin Esparza, general manager of B2Gold’s El Limon Mine.

The company reported that hundreds of workers of the El Limon Mine and community members of the mining district met this week and asked for mining operations to be reinitiated.

“In the coming days, B2Gold will review the situation with labor and government in order to determine an appropriate strategy to lead the community, workforce and mine toward the sustainable future it has worked for and needs,” B2Gold said in a news release.


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