Examples of Agua Rica Project in a sentence
Agua Rica Project, Argentina" which Northern Orion Resources Inc.
In January 2005, the Company entered into a financial advisory services agreement with Endeavour Financial International Corporation (“Endeavour”) pursuant to which Endeavour will act as the Company’s financial advisor and assist in obtaining financings, other than the raising of equity capital, for the development of the Company’s Agua Rica Project.
The Company’s efforts at the Agua Rica Project were similarly gradually reduced on a temporary basis.
Agreement for Integration of Agua Rica and Alumbrera On March 7, 2019, the Company announced that it had signed an integration agreement with Glencore International AG (“Glencore”) and Newmont Corporation (then Goldcorp Inc.) (“Newmont”) pursuant to which the Agua Rica Project would be developed and operated using the existing infrastructure and facilities of Minera Alumbrera Limited (“Alumbrera”), which owns the Alumbrera Mine.
The annual information form of the Company dated March 24, 2008, which includes reference to my name in connection with information relating to the Agua Rica Project, and the properties described therein.
The asset retirement obligation relating primarily to reclamation and closure costs at the Agua Rica Project in Argentina is calculated as the net present value of estimated future cash flows required to satisfy the obligation.
On December 17, 2020, the Company completed the integration of the Agua Rica Project with the Alumbrera Mine and Alumbrera plant and infrastructure (the “MARA Project”).
After conducting exploratory work in the Cerro Atajo prospect between 2016 and 2018, in December 2018 the Company decided not to pursue the option for Cerro Atajo and focus its effort on the Agua Rica Project development .
The Issuer's share of the work program (including management fees to the operator) in the financial year ended December 31, 2001 was approximately $303,000 (2000 - $545,000), but was not paid at the election of the Issuer and therefore contributed to the dilution of the Issuer's interest in the Agua Rica Project from 30% to 28%.
The Company’s interest in the Alumbrera Mine as well as the planned integrated project combining the Agua Rica Project and Alumbrera Mine are subject to the risks normally associated with the conduct of joint ventures.