Canadian Mining Journal

Lumina Gold

  • GOLD-COPPER: Lumina Gold PEA adds 9 years to Cangrejos mine life

    June 9, 2020 by Canadian Mining Journal

    VANCOUVER – An updated preliminary economic assessment (PEA) for Lumina Gold‘s Cangrejos gold-copper project in southern Ecuador has added nine years to the mine life and improved economics while increasing the initial capex to US$1 billion from US$831 million. The

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    GOLD: Lumina grows its Cangrejos project in Ecuador

    November 7, 2019 by Canadian Mining Journal

    ECUADOR – Lumina Gold’s Cangrejos porphyry gold-copper project in Ecuador is growing, thanks to a 40,000-metre drill program that has upgraded and expanded resources at the Cangrejos deposit and resulted in a first time resource at the Gran Bestia deposit.

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    Lumina Gold advances Cangrejos, Gran Bestia

    May 28, 2019 by Trish Saywell

    Lumina Gold (TSXV: LUM) is on track to complete a first-ever resource estimate on its Gran Bestia gold-copper deposit and an updated resource on its Cangrejos gold-copper deposit before year-end. The two deposits in Ecuador are a kilometre apart and 40

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    GOLD-COPPER: Lumina extends Gran Bestia in Ecuador

    April 11, 2019 by Northern Miner Staff

    ECUADOR – Lumina Gold has drilled its longest continuous section of mineralization at its Gran Bestia copper-gold deposit in Ecuador, part of its Cangrejos copper-gold project. The company cut 0.62 g/t gold and 0.11% copper over 626 metres from surface including

  • GOLD-COPPER: Lumina closes $20M deal for projects in Ecuador

    November 29, 2017 by Canadian Mining Journal

    ECUADOR – Lumina Gold Corp. of Vancouver has closed a private placement for gross proceeds of about $20 million. The company issued 32.3 million common shares that sold at a price of $0.62 each. The net proceeds will be used

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    Ecuador snapshot: 10 active companies

    May 15, 2017 by Canadian Mining Journal

    VANCOUVER — The Ecuadorian government restructured its mining and tax policies in 2014 in a bid to bring back foreign investment that had fled the country in previous years. The move has spurred a resurgence of mineral exploration and development

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    Gold tallies 4M oz gold at Cangrejos in Ecuador

    January 30, 2017 by Canadian Mining Journal

    Lumina Gold (TSXV: LUM) has carved out an initial 4 million oz of gold at its Cangrejos project in the Andean foothills of southwestern Ecuador’s El Oro province, and mineralization in the deposit remains open to the northwest, south and to