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Bullboard - Stock Discussion Forum Malaga Inc MLGAF

Malaga Inc. is a mining company. The company, through its subsidiaries operates tungsten mine and gold plant with mining and exploration activities focused in Peru. The operations, exploration and development activities on the Pasto Bueno Property are located in the Ancash Department, Central Peru. The company also owns and operates in a hydroelectric asset. The company owns 100% of the... see more

GREY:MLGAF - Post Discussion

Malaga Inc > Mine expansion are happening now!
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Post by masspower on Nov 07, 2012 12:51pm

Mine expansion are happening now!

"The cause of the breakage was accidental as there were a lot of activities at mine site to develop new ramps and extract more ore," Malaga investor relations representative, Nicole Blanchard, told BNamericas.

The activities are aimed at increasing the current 350t/d mine output to the processing plant, which is capable of processing up to 500t/d of tungsten ore.

Cheers!

masspower

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