Indicative Terms for up to US$175m in a potential UKEF Supported Project Financing Banco Santander S.A. appointed as Mandated Lead Arranger due to extensive experience in ECA and Resources sector financing with a significant presence Brazil Cerrado Gold Inc. is pleased to announce that further to the October 18, 2023 announcement in relation to [...]
Q3 Production of 10,082Gold Equivalent Ounces Q3 results impacted by severe weather conditions Operations back on track in October and November with shipments of approximately 5,600 and 5,470 GEO, respectively Minera Don Nicolas Expansion Capital Expenditure program now largely complete Cerrado Gold Inc. announces the operational and financial [...]
Indicative Terms for up to US$598m in a potential UKEF Supported Project Financing Company in final stages of appointing the Mandated Lead Arranger for Monte Do Carmo, Brazil Cerrado Gold Inc. is pleased to announce that further to the October 18, 2023 announcement in relation to potential Export Credit Agency Supported Project Financing of up to [...]
In a release under the same headline released Thursday November 2, 2023 by Cerrado Gold Inc. , please note that the results in original press release were impacted by a computational error which resulted in incorrect NPV and IRR figures being published. As a result, the After Tax NPV5% declined to $369 million from $401 million and the IRR declined [...]
Including an After-Tax NPV5% of Us$401.4 Million and an IRR of 34% Highlights After-Tax NPV of US$401.4 million and IRR of 34% Average annual gold production of 94,797 ounces per annum over 9 year Life of Mine Average AISC of US$711 per ounce over LOM Initial Capex of US$186.6 million Annual average free cash flow of $90 million over the LOM, with [...]
Cerrado Gold Inc. announces production results for the third quarter of 2023 from the Minera Don Nicolas Mine in Santa Cruz Province, Argentina . Full financial results are expected to be released in late November 2023. Q3 Operating Highlights Q3 2023 GEO production of 9,544 ounces compared to 12,453 ounces in Q2 2023 and 11,284 ounces Q3 2022 [...]
Two Banks selected to act separately as Mandated Lead Arrangers for Monte Do Carmo gold project, Brazil and for the Mont Sorcier iron project expects to complete on-boarding and appointment process in coming weeks Cerrado Gold Inc. is pleased to announce that it has completed the tender process for its Export Credit Agency Supported Non-Recourse [...]
Highly experienced Process Engineer with expertise in completing and optimizing technical studies and delivering new projects into operation; Strengthens Cerrado's Technical capability to transition into the project development phase Cerrado Gold Inc. is pleased to announce that it has strengthened its technical team with the addition of Mr. Val [...]
Application for License of Installation to Begin Construction Cerrado Gold Inc. announces that as of September 11th it has filed its License of Installation application with the Instituto Natureza do Tocantins or NATURATINS, the state environmental regulatory authority for the development of the Serra Alta project at the Monte Do Carmo project [...]
PA_RC23-123: 12m @ 122.2 g/t Au from 109m; including: 3m at 429.1 g/t Au from 109m Application for permits for Paloma Underground mine development initiated with filing of EIA and design works commenced Calandrias Norte Open Pit stripping underway Calandrias Sur Heap Leach project ramp up continues Cerrado Gold Inc. is pleased to announce the [...]
LCerrado Gold Inc. is pleased to announce that it has commenced the tender phase for the Mandated Lead Arranger of its Export Credit Agency project financing program. As of September 4, 2023 the Company and its Advisors have issued detailed banking information memorandums to a number of Project Finance Banks who have indicated an interest in being the Mandated Lead Arranger as part of the UK Export Finance supported export credit facilities for the Company's 100% owned the Monte Do Carmo Project in Tocantins State, Brazil and the Mont Sorcier Iron Ore and Vanadium Project in Quebec, Canada . . The selection of the MLA is expected to be completed by the end of September. Once an MLA has been appointed, detai... [...]
Q2 Production of 12,453 Gold Equivalent Ounces Q2 AISC of $1,318 per ounce Cerrado Gold Inc. is pleased to announce the operational and financial results for the second quarter 2023 at its Minera Don Nicolas gold project in Santa Cruz Province, Argentina and report on its ongoing activities at the Monte Do Carmo gold project in Brazil. Production [...]
