Hochschild Mining Plc (HCHDF) 1.3900 $HCHDF
Fitch Affirms Hochschild Mining's IDRs at 'BB+'; Outlook Stable
Business Wire - Thu Nov 06, 3:36PM CST
Fitch Ratings has affirmed the long-term foreign currency Issuer Default Rating (IDR) and long-term local currency IDR of Hochschild Mining Plc (Hochschild), and USD350 million 7.75% senior unsecured notes due 2021 issued by the company's 100% owned subsidiary in Peru, Compania Minera Ares S.A.C., at 'BB+'. The Rating Outlook is Stable.
Definitive Agreement Signed for Sale of Corina Project to Minera Ares
Marketwire - Tue Jul 29, 9:57AM CDT
Lara Exploration Ltd. ("Lara" or the "Company"
(TSX VENTURE: LRA) is pleased to report that it has signed a Definitive Mining Assignment and Option Agreement with Compania Minera Ares S.A.C. ("Ares" , a subsidiary of London-listed Hochschild Mining plc., to purchase the Company's Corina Gold Project in southern Peru. Under the proposed terms, Ares has the option to acquire Corina from Lara for staged cash payments totalling US$4,150,000 (US$150,000 of which was paid on signing), carrying out up to US$2,000,000 in exploration in order to keep the Assignment and Option Agreement in good standing, and paying a 2% net smelter return royalty on any future production (see Company news release of June 23, 2014 for details).
LRA.VN: 0.410 (+0.010)
Lara Signs Letter of Intent to Sell Corina Project in Peru to Minera Ares
Marketwire - Mon Jun 23, 6:31AM CDT
Lara Exploration Ltd. ("Lara" or the "Company" (TSX VENTURE: LRA) is pleased to report that it has signed a binding Letter of Intent granting an option to purchase its Corina Gold Project in southern Peru to Compania Minera Ares S.A.C. ("Ares" , a subsidiary of London-listed Hochschild Mining plc., that operates mines nearby. Under the proposed terms, Ares can acquire the Corina property from Lara for staged cash payments totalling US$4,150,000, carrying out US$2,000,000 in exploration and paying a 2% net smelter return royalty on any future production as follows:
LRA.VN: 0.410 (+0.010)
Fitch Affirms Hochschild Mining's IDRs at 'BB+'; Outlook Stable
Business Wire - Thu Nov 06, 3:36PM CST
Fitch Ratings has affirmed the long-term foreign currency Issuer Default Rating (IDR) and long-term local currency IDR of Hochschild Mining Plc (Hochschild), and USD350 million 7.75% senior unsecured notes due 2021 issued by the company's 100% owned subsidiary in Peru, Compania Minera Ares S.A.C., at 'BB+'. The Rating Outlook is Stable.
Definitive Agreement Signed for Sale of Corina Project to Minera Ares
Marketwire - Tue Jul 29, 9:57AM CDT
Lara Exploration Ltd. ("Lara" or the "Company"
(TSX VENTURE: LRA) is pleased to report that it has signed a Definitive Mining Assignment and Option Agreement with Compania Minera Ares S.A.C. ("Ares" , a subsidiary of London-listed Hochschild Mining plc., to purchase the Company's Corina Gold Project in southern Peru. Under the proposed terms, Ares has the option to acquire Corina from Lara for staged cash payments totalling US$4,150,000 (US$150,000 of which was paid on signing), carrying out up to US$2,000,000 in exploration in order to keep the Assignment and Option Agreement in good standing, and paying a 2% net smelter return royalty on any future production (see Company news release of June 23, 2014 for details). LRA.VN: 0.410 (+0.010)
Lara Signs Letter of Intent to Sell Corina Project in Peru to Minera Ares
Marketwire - Mon Jun 23, 6:31AM CDT
Lara Exploration Ltd. ("Lara" or the "Company"
(TSX VENTURE: LRA) is pleased to report that it has signed a binding Letter of Intent granting an option to purchase its Corina Gold Project in southern Peru to Compania Minera Ares S.A.C. ("Ares" , a subsidiary of London-listed Hochschild Mining plc., that operates mines nearby. Under the proposed terms, Ares can acquire the Corina property from Lara for staged cash payments totalling US$4,150,000, carrying out US$2,000,000 in exploration and paying a 2% net smelter return royalty on any future production as follows: LRA.VN: 0.410 (+0.010)
