ARTICLE

“Cerro Vanguardia Plans to Invest more than $380 Million in 2013,” published in Infobae (City of Buenos Aires) on 12/24/2012

December 1, 2012
“Cerro Vanguardia Plans to Invest more than $380 Million in 2013,” published in Infobae (City of Buenos Aires) on 12/24/2012
After 15 years of uninterrupted mining production in the Province of Santa Cruz, the company has informed its reinvestment profits. The main goal is to extend the lifespan of the gold deposit beyond the year 2023. The undertakings break down into $110 million for internal development projects; $140 million to maintain the current production and infrastructure; and $130 million in exploration that will allow to extend the useful life of the mineral deposit.