SolGold saves $1bn in Cascabel upfront cost with phased mine development

SolGold has managed to slash the upfront cost of the 100% owned Cascabel project in Ecuador while the company continues to explore the potential sale of its flagship copper-gold property. A new pre-feasibility study (PFS) released Friday showed a sizeable reduction in the initial capital cost, highlighted by over $1 billion in savings.

SolGold delays Cascabel DFS, Porvenir PEA as it looks to cost reduction

Mining News Pro - SolGold discovered and defined the resources at Cascabel for less than $0.01/lb of copper-equivalent or less than $3/oz of gold-equivalent.

SolGold reshuffles C-suite as it ramps up Cascabel

Mining News Pro - Ecuador-focused miner SolGold has announced a round of management changes, with newly appointed chief financial officer Ayten Saridas stepping down after only six weeks in the job.

SolGold’s Cascabel could be “top 20” mine in South America

Mining News Pro - SolGold published on Wednesday a long-awaited pre-feasibility study for its Cascabel project in Ecuador, which estimates the asset has the potential to become one of the 20 largest copper-gold mines in South America.

SolGold and Cornerstone pull together to advance Cascabel project in Ecuador

Mining News Pro - SolGold and shareholder Cornerstone have ended a two-year standoff that cost the miner’s chief executive his post, agreeing to jointly advance the Cascabel copper-gold project in Ecuador.

SolGold shares up on Cascabel project update

Mining News Pro - SolGold reported on Thursday that drilling has commenced at the Tandayama-America porphyry copper-gold target at its Cascabel project in northern Ecuador.

SolGold in talks over $2.8bn funding for Cascabel

Mining News Pro - SolGold is moving forward with completing a prefeasibility study (PFS) and acquiring further information for a proposed definitive feasibility study (DFS) for the Alpala project in Ecuador, the company said its latest business update.

Ecuador court rules against community consultation for Cascabel project

Mining News Pro - Ecuador’s Constitutional Court on Thursday ruled against a request to require community consultations for a planned mining project, allowing Australia’s SolGold to move forward with developing its Cascabel copper, gold and silver mine.

BHP increases interest in SolGold (Cascabel porphyry copper-gold) to over 11%

Mining News Pro - BHP has entered into a share subscription agreement with SolGold Plc, which is the majority owner and operator of the Cascabel porphyry copper-gold project in Ecuador.

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