Video Out! - AUX (Ventana) DevelopmentAUX (Ventana) starts at 1:22...no translation needed...
Link is here: https://www.youtube.com/watch?v=aobNO-4AlHE
More on EBX Group: Link: https://www.ebx.com.br/en-us/grupo-ebx/Pages/default.aspx
The Group has acquired, through AUX, a controlling interest in the Canadian mining firm, Ventana Gold, which holds mining rights in northern Colombia's historic California-Vetas gold mining region. The company's total assets guarantee the EBX Group one of the world's richest, subterranean gold deposits.
AUX
Business: AUX
Sector: Mining
Localization: Bucaramanga
AUX acquired a gold mine in northeast Colombia, 50 km (31 mi) from the city of Bucaramanga. It will be built on the site the most modern underground mine in the country, according to the strictest environmental and societal standards for sustainable development. During the extraction of ore, 70% of mine wastes will be returned back to the excavation space. The remaining 30% will go into the tailings pond, where they will be reconditioned and treated. The site already has the necessary infrastructure for operations in this region, including roads, power supply and water.
More on Mr. Eike Batista. Link: https://graphics.thomsonreuters.com/11/12/Batista.pdf
And his now famous quote; after buying Ventana Gold: Link: https://www.bloomberg.com/news/2011-03-14/batista-plans-ipo-of-colombian-gold-unit-aux-in-bogota-abandons-ebx-offer.html
“The reason why we bought Ventana is that I see that the assets are three times bigger than what people who owned it thought it was,”
GLTA and Go GWY!