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Phoenix Mining Division of Phoenix Minerals, S.A.C |
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Thursday, 30 August 2007 |
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Phoenix Minerals S.A.C. is a Peruvian corporation. The Phoenix Mining Division is comprised of 7 independent mining companies and their properties which are situated in the Department of Cuzco, 40 thru 115 miles north of the sacred city of Machu Picchu on the eastern slope of the Andes mountain range. Phoenix Minerals S.A.C. is a company formed to be an American controlled holding company in Peru by American and Peruvian counterparts in 2007. One of the companies, that Phoenix Minerals owns a
majority interest in, Picchu Rio Gold Mining S.A.C. is currently completing production studies. Production will
begin in the last quarter of 2010 beginning with low volume production and increasing
to medium and high volume production by mid-year 2011.
Access to some content in this site is restricted to registered customers. Contact the Phoenix Minerals Public Relations for access.
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Last Updated ( Wednesday, 25 August 2010 )
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Peru’s mining-energy sector lures US$ 4.86 billion investment this year |
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Thursday, 17 December 2009 |
Peru’s mining-energy industry has attracted around $4.86 billion in domestic and foreign investments this year, according to Peru's National Mining, Petroleum & Energy Society (SNMPE) president Hans Flury. |
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Picchu Rio Gold Mining Co. SAC receives exploit permit for river mining |
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Friday, 09 April 2010 |
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Picchu Rio Gold Mining Co. SAC receives Exploit go ahead for
river mining of their Gold, Precious Metals and Rare Earths river
deposits. - Picchu Rio Gold Mining Corporation S.A.C. ( “
Picchu Rio Gold ” ) is pleased to announce that it has completed it’s
Phase IV production studies on their number two ( 2 ) concession, filed
it’s mining plan and has received it’s exploitation permit for medium -
volume river dredging operations to begin in the Cusco District of
Echarate, Peru, South America.
- “ Picchu Rio Gold ” has acquired four (4) of the
twelve (12) concessions previously owned by Vista Continental
Corporation. Mining prospects for these concessions were initially
validated by the March 2002 summary report on placer deposits by Mr. A.
David V. Heyl, an International Consulting Geologist in his own words,
“The closest geologic comparisons” to the claims containing rare
earths, zircon and strategic metals are “the veins and placer deposits
of the Mother Lode belts of the California and Eastern Australia gold
belts”.
- “ Picchu Rio Gold ” is effecting shipping of
equipment to include a 300/yd/hr dredge, process equipment and
vehicles, in order to begin medium - production volumes in the 1st
quarter of 2011.
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Last Updated ( Tuesday, 26 October 2010 )
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