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Minera IRL

Publié le 20 novembre 2015

November 20, 2015 Minera IRL Limited: Update on Developments With Ollachea Community

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Mots clés associés :   Corruption | Dollar | Precious Metals |

November 20, 2015 Minera IRL Limited: Update on Developments With Ollachea Community

LIMA, PERU--(Marketwired - Nov. 20, 2015) - Minera IRL Limited ('Minera IRL' or the 'Company') (TSX:IRL)(AIM:MIRL)(BVLAC:MIRL) provides an update on developments with community relations at the Ollachea project in Peru.

In a press release on November 13, 2015 Minera IRL Limited (the Company), reported that an Ollachea Campesino Community ('OCC' or the 'Community') information meeting had taken place in Ollachea on November 7, 2015, attended by representatives of Minera IRL SA (the Company's 99.99% percent owned subsidiary in Peru) and the providers of the bridge loan, COFIDE. The Company has since learned that a videotape of the proceedings at that meeting has been made available on the internet, in both full-length and edited form. (Links to the videotape have been posted on www.irlmining.com). The videotape appears to show Mr. Benavides, President of Minera IRL S.A., other officials from Minera IRL S.A., and an unidentified representative of COFIDE, on the stage. Their presence has been confirmed to the Company by OCC members who attended the meeting. After viewing the videotape, the Company's assessment is that the statements made by members of the Community are consistent with complaints reaching the Company via other sources and, in general, not supportive of Mr. Benavides nor his community relations team; several speakers also refer to allegations of corruption within the community relations team and request a dialogue directly with officers of the Company.

To date, the Company has not received an explanation from the subsidiary Minera IRL S.A. of the objectives of the visit to OCC on November 7th.

More recently, communications received from certain Comuneros (persons within OCC with voting privileges) state that an earlier letter signed in August by the Community President, Mr. Juan Luis Valeriano Gutierrez, suspending Community support of the project development activities at Ollachea until certain concerns of the Community are addressed, as announced in a Company press release on August 17, 2015, did not have the support of the OCC at large, nor was the president alone authorized to sign this letter on behalf of the OCC. In the past, when the OCC wished to formally communicate important decisions taken by them to the Company through official letters, these included signatures from all seven (7) members of the OCC Board. The Company's community relations consultant has additionally advised that, in Peru, it is rare that such a letter to a mining company would be signed by the president alone.

Furthermore, certain Comuneros have this week informed the Company that the public 'Declaration' issued in Lima on November 16, 2015, by the President and three other officers of the Community, following a visit to the Lima offices of Minera IRL S.A. on November 13, 2015, was not discussed with the Community; does not have the support of the Community at large; and was not authorized by the Community.

The Company has been verbally informed that, as a result of the President's actions, the Community convened an Emergency Assembly on the evening of November 16, 2015. The Company has been informed that a written memorandum on the proceedings at this meeting should be received by the Company from the larger Ollachea Community today, Friday November 20, 2015. If the contents of this communication are considered material, a further press release will be issued by the Company.

Certain Comuneros have advised the Company that OCC remains neutral with regard to the voting in the forthcoming Extraordinary General Meeting. The Company has been informed that the OCC's principal objective, similar to the Board's strategy, is for the Ollachea project to be appropriately financed and built to international standards, ensuring sustainable economic growth and benefit to the communities impacted by the Ollachea project. The Board echoes this objective by combining the opportunity for all stakeholders, including equity and debt investors, as well as the OCC, to partner together in delivering a robust long-term gold project despite the significant headwinds currently facing the global mining industry. This was communicated to members of the OCC in a recent letter from the chairman, Mr. Jaime Pinto.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained in this news release.

Cautionary Statement on Forward-Looking Information

Certain information in this news release, including information about the Company's financial or operating performance and other statements expressing management's expectations or estimates of future events, performance and exploration and development programs or plans constitute 'forward-looking statements'. Forward-looking statements often, but not always, are identified by words such as 'seek', 'believe', 'expect', 'do not expect', 'will', 'will not', 'intend', 'estimate', 'anticipate', 'plan', 'schedule' and similar expressions of a conditional or future oriented nature identify forward-looking statements. Forward-looking statements are, necessarily, based upon a number of estimates and assumptions. While considered by management to be reasonable in the context in which they are made, forward-looking statements are inherently subject to political, legal, regulatory, business and economic risks and competitive uncertainties and contingencies.

The Company cautions readers that forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Minera IRL's actual financial results, future performance and results of exploration and development programs and plans to be materially different than those expected or estimated future results, performance or achievements and that forward-looking statements are not guarantees of future performance, results or achievements.

Forward-looking statements are made as of the date of this news release and Minera IRL assumes no obligation, except as may be required by law, to update or revise them to reflect new events or circumstances. Risks, uncertainties and contingencies and other factors that might cause actual performance to differ from forward-looking statements include, but are not limited to, any failure to obtain or complete project financing for the Ollachea Gold Project (including the Senior Debt Facility), changes in the price of precious metals and commodities, changes in the relative exchange rates of the US dollar against the Peruvian nuevo sol, interest rates, legislative, political, social or economic developments both within the countries in which the Company operates and in general, contests over title to property, the speculative nature of mineral exploration and development, operating or technical difficulties in connection with the Company's development or exploration programs, increasing costs as a result of inflation or scarcity of human resources and input materials or equipment. Known and unknown risks inherent in the mining business include potential uncertainties related to the title of mineral claims, the accuracy of mineral reserve and resource estimates, metallurgical recoveries, capital and operating costs and the future demand for minerals. For additional information, please consult the Company's most recently filed MD&A and Annual Information Form.

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Minera IRL

PRODUCTEUR
CODE : MIRL.L
ISIN : JE00B1HNYF12
Suivi et investissement
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Minera IRL est une société de production minière d'or basée au Perou.

Minera IRL est en développement de projets d'or et d'argent au Perou et en Argentine, et détient divers projets d'exploration au Perou.

Son principal projet en production est CORIHUARMI au Perou, ses principaux projets en développement sont GOLDEN ZONE PROPERTY au Perou et DON NICOLAS en Argentine et ses principaux projets en exploration sont PAN DE AZUCAR, DUTCH FLAT, WINNEMUCCA MOUNTAIN, AWAKENING, CHERT CLIFF, SUMMIT PROJECT, ESCONDIDO et EAST SANTA CRUZ en Argentine, CATA PRETA, OVERLAND PASS, SCRAPER, WHITE CANYON MINE, SOUTH ESTELLE, UTAH CLIPPER, CRESTVIEW, LAURA PROPERTY, WHITE HORSE NORTH, RED HILLS PROPERTY, PETE'S SUMMIT, GUILD PROJECT, CLARA MORO et FOUR METALS PROPERTY au Bresil, HUAQUIRCA, VECA PROJECT, BETHANIA, OLLACHA et QUILAVIRA au Perou, FRONTERA au Chili et OXFORD LAKE, COTE ARCHIE LAKE, BOLO et DEL ORO au Canada.

Minera IRL est cotée au Canada et au Royaume-Uni. Sa capitalisation boursière aujourd'hui est 809,0 millions GBX (1,2 milliards US$, 1,1 milliards €).

La valeur de son action a atteint son plus haut niveau récent le 07 janvier 2011 à 96,00 GBX, et son plus bas niveau récent le 28 août 2015 à 0,25 GBX.

Minera IRL possède 231 130 000 actions en circulation.

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Rapports annuels de Minera IRL
2008 Annual Report
Rapports Financiers de Minera IRL
14/11/2013Announces Third Quarter 2013 Financial Results
14/05/2013Announces First Quarter 2013 Financial Results
16/05/2011Announces First Quarter 2011 Financial Results
Projets de Minera IRL
08/09/2015IRL resumes Peru gold mine operations after deal with locals
07/09/2015Local activists occupy Minera IRL's gold mine in Peru, share...
07/09/2015Local activists occupy Minera IRL's gold mine in Peru, share...
24/12/2013descubre Trincheras de 3 g/t de Oro en 200 metros de Don Nic...
22/05/2013Announces Final Community Endorsement of Environmental and S...
02/04/2013Announces Underground Exploration Drill Results, Ollachea Pr...
13/02/2013Announces Successful Completion of Exploration Drive at Olla...
17/10/2012(Don Nicolas)Announces Approval of EIA and Granting of Development Permit...
06/09/2012Discovers New Mineralized System at Don Nicolas Project, Arg...
18/07/2012Confirms Ollachea Resource Estimate
10/07/2012(Don Nicolas)and Communities Sign Social License Agreement for Don Nicola...
16/05/2012(Don Nicolas)Commences Permitting on Don Nicolas Project
14/02/2012Announces Successful Feasibility Study for Don Nicolas Proje...
01/04/2011(Corihuarmi)Minera IRL Announces 2010 Year-End Results
30/03/2011(Escondido)Minera IRL Announces Exploration Update, Escondido Project, ...
03/03/2011(Escondido)Announces Exploration Update, Escondido Project, Argentina
22/02/2011(Pan De Azucar)Announces Scout Drilling Results, Pan de Azucar Prospect, Ar...
Communiqués de Presse de Minera IRL
23/12/2015December 23, 2015 Minera IRL Limited Reports Resignation of ...
16/12/2015December 16, 2015 Minera IRL Limited Reports EGM Results
16/12/2015December 16, 2015 Minera IRL Limited Reports EGM Results
07/12/2015December 07, 2015 Minera IRL Limited Announces Adjourned EGM...
07/12/2015December 07, 2015 Minera IRL Limited Announces Adjourned EGM...
07/12/2015December 07, 2015 Minera IRL Limited Announces Adjourned EGM...
07/12/2015December 07, 2015 Minera IRL Limited Announces Adjourned EGM...
07/12/2015December 07, 2015 Minera IRL Limited Announces Adjourned EGM...
07/12/2015December 07, 2015 Minera IRL Limited Announces Adjourned EGM...
07/12/2015December 07, 2015 Minera IRL Limited Announces Adjourned EGM...
07/12/2015December 07, 2015 Minera IRL Limited Announces Adjourned EGM...
07/12/2015December 07, 2015 Minera IRL Limited Announces Adjourned EGM...
07/12/2015December 07, 2015 Minera IRL Limited Announces Adjourned EGM...
27/11/2015November 27, 2015 Minera IRL Limited Reports on Extraordinar...
27/11/2015November 27, 2015 Minera IRL Limited Reports on Extraordinar...
22/11/2015November 21, 2015 Minera IRL Limited Reports on Ollachea Com...
22/11/2015November 21, 2015 Minera IRL Limited Reports on Ollachea Com...
22/11/2015Minera IRL Limited Reports on Ollachea Community Announcemen...
20/11/2015November 20, 2015 Minera IRL Limited: Update on Developments...
20/11/2015November 20, 2015 Minera IRL Limited: Update on Developments...
20/11/2015Minera IRL Limited: Update on Developments With Ollachea Com...
30/10/2015October 30, 2015 Minera IRL Limited Announces Cease Trade Or...
30/10/2015October 30, 2015 Minera IRL Limited Announces Cease Trade Or...
28/10/2015October 28, 2015 Minera IRL Limited Announces Delisting of O...
28/10/2015Minera IRL Limited Announces Delisting of Ordinary Shares Fr...
23/10/2015October 23, 2015 Minera IRL Limited: Notice of EGM and Posti...
23/10/2015October 23, 2015 Minera IRL Limited: Notice of EGM and Posti...
23/10/2015Minera IRL Limited: Notice of EGM and Posting of Circular
22/10/2015October 22, 2015 Minera IRL Limited Responds to Unauthorized...
22/10/2015October 22, 2015 Minera IRL Limited Responds to Unauthorized...
22/10/2015Minera IRL Limited Responds to Unauthorized Press Release
21/10/2015October 21, 2015 Minera IRL Limited Provides Corporate and O...
21/10/2015October 21, 2015 Minera IRL Limited Provides Corporate and O...
21/10/2015Minera IRL Limited Provides Corporate and Operational Update
09/10/2015October 09, 2015 Minera IRL Limited Announces That a Group o...
09/10/2015October 09, 2015 Minera IRL Limited Announces That a Group o...
01/10/2015October 01, 2015 Minera IRL Limited Announces Resignation of...
29/09/2015September 29, 2015 Minera IRL Limited Announces Delay to Pub...
29/09/2015September 29, 2015 Minera IRL Limited Announces Delay to Pub...
25/09/2015CORRECTION: Trading Suspended - Minera IRL Limited (Symbol: ...
25/09/2015September 25, 2015 Minera IRL Limited Responds to Reports of...
25/09/2015September 25, 2015 Minera IRL Limited Responds to Reports of...
25/09/2015Minera IRL Limited Responds to Reports of Unauthorized Press...
21/09/2015September 21, 2015 Minera IRL Limited Announces Process of R...
21/09/2015September 21, 2015 Minera IRL Limited Announces Process of R...
21/09/2015Minera IRL Limited Announces Process of Removing Former Comp...
21/09/2015September 21, 2015 Minera IRL Limited Announces Suspension o...
21/09/2015September 21, 2015 Minera IRL Limited Announces Suspension o...
21/09/2015Minera IRL Limited Announces Suspension of Trading on AIM
21/09/2015IIROC Trading Halt - IRL
09/09/2015September 09, 2015 Minera IRL Limited Announces Lifting of B...
07/09/2015September 07, 2015 Minera IRL Limited Announces Temporary Su...
07/09/2015September 07, 2015 Minera IRL Limited Announces Temporary Su...
07/09/2015Minera IRL Limited Announces Temporary Suspension of Operati...
03/09/2015September 03, 2015 Minera IRL Limited: Appointment of Non-Ex...
03/09/2015September 03, 2015 Minera IRL Limited: Appointment of Non-Ex...
03/09/2015Minera IRL Limited: Appointment of Non-Executive Chairman to...
27/08/2015August 27, 2015 Minera IRL Limited Reports AGM Voting Result...
27/08/2015August 27, 2015 Minera IRL Limited Reports AGM Voting Result...
24/08/2015August 24, 2015 Minera IRL Limited Announces Management Chan...
24/08/2015August 24, 2015 Minera IRL Limited Announces Management Chan...
24/08/2015Minera IRL Limited Announces Management Change
17/08/2015August 17, 2015 Minera IRL Limited: Community Suspension of ...
17/08/2015Minera IRL Limited: Community Suspension of Development Acti...
22/07/2015July 22, 2015 Posting of Circular, Notice of AGM and Propose...
22/07/2015July 22, 2015 Posting of Circular, Notice of AGM and Propose...
22/07/2015Posting of Circular, Notice of AGM and Proposed Consolidatio...
14/07/2015July 14, 2015 Minera IRL Announces Appointment of Eric Olson...
14/07/2015July 14, 2015 Minera IRL Announces Appointment of Eric Olson...
14/07/2015Minera IRL Announces Appointment of Eric Olson as Chief Oper...
21/04/2015April 21, 2015 Minera IRL Announces Passing of Founding Dire...
21/04/2015April 21, 2015 Minera IRL Announces Passing of Founding Dire...
21/04/2015Minera IRL Announces Passing of Founding Director Courtney C...
01/04/2015April 01, 2015 Minera IRL Provides Corporate Update
01/04/2015April 01, 2015 Minera IRL Provides Corporate Update
01/04/2015Minera IRL Provides Corporate Update
06/03/2015March 06, 2015 Minera IRL CEO Taking Leave of Absence, Execu...
06/03/2015March 06, 2015 Minera IRL CEO Taking Leave of Absence, Execu...
06/03/2015Minera IRL CEO Taking Leave of Absence, Executive Chairman A...
21/01/2015January 21, 2015 Minera IRL Announces Director Resignation
21/01/2015January 21, 2015 Minera IRL Announces Director Resignation
21/01/2015Minera IRL Announces Director Resignation
21/01/2015Minera IRL Announces Director Resignation
23/12/2014December 23, 2014 Minera IRL Provides Update on Ollachea Fin...
23/12/2014December 23, 2014 Minera IRL Provides Update on Ollachea Fin...
23/12/2014Minera IRL Provides Update on Ollachea Financing Negotiation...
23/12/2014Minera IRL Provides Update on Ollachea Financing Negotiation...
13/11/2014November 12, 2014 Minera IRL Reports Third Quarter 2014 Resu...
13/11/2014November 12, 2014 Minera IRL Reports Third Quarter 2014 Resu...
13/11/2014Minera IRL Reports Third Quarter 2014 Results
13/11/2014Minera IRL Reports Third Quarter 2014 Results
30/09/2014Minera IRL Provides Update on Ollachea Financing Negotiation...
30/09/2014Minera IRL Provides Update on Ollachea Financing Negotiation...
13/08/2014Minera IRL Reports Second Quarter 2014 Results
13/08/2014Minera IRL Reports Second Quarter 2014 Results
30/07/2014Minera IRL Announces Sale of Don Nicolas Interest to CIMINAS
30/07/2014Minera IRL Announces Sale of Don Nicolas Interest to CIMINAS
21/07/2014Minera IRL Identifies New Zones of Gold Mineralization at th...
21/07/2014Minera IRL Identifies New Zones of Gold Mineralization at th...
30/06/2014Provides Update on Ollachea Financing Negotiations and Exist...
30/06/2014Minera IRL Receives Construction Permit to Build the Ollache...
30/06/2014Minera IRL Provides Update on Ollachea Financing Negotiation...
30/06/2014Minera IRL Receives Construction Permit to Build the Ollache...
30/06/2014Minera IRL Provides Update on Ollachea Financing Negotiation...
04/06/2014Minera IRL Reports Positive Ollachea Project Optimization Re...
04/06/2014Minera IRL Reports Positive Ollachea Project Optimization Re...
14/05/2014Minera IRL Reports First Quarter 2014 Results
14/05/2014Minera IRL Reports First Quarter 2014 Results
09/05/2014Minera IRL Provides Notice of First Quarter 2014 Results and...
09/05/2014Minera IRL Provides Notice of First Quarter 2014 Results and...
03/04/2014Minera IRL Announces Notice of Annual General Meeting, Direc...
03/04/2014Minera IRL Announces Notice of Annual General Meeting, Direc...
31/03/2014Minera IRL Reports Year-End 2013 Financial Results
31/03/2014Minera IRL Reports Year-End 2013 Financial Results
24/03/2014March 24, 2014 Minera IRL Provides Notice of Fourth Quarter ...
24/03/2014March 24, 2014 Minera IRL Provides Notice of Fourth Quarter ...
24/03/2014Minera IRL Provides Notice of Fourth Quarter and Year-End 20...
17/02/2014Provides Company UpdateCc:
17/02/2014Informaci=F3n Actualizada de Minera IRLCc:
10/02/2014anuncia cambios en el Directorio y Gerencia de la Compa=F1=E...
29/11/2013participa del Mines and Money y es nominada a dos premios in...
29/11/2013will be attending Mines and Money
14/11/2013Anuncia los Resultados Financieros para el Tercer Trimestre ...
30/09/2013Application of the Takeover Code
26/09/2013Recibe la Aprobaci=F3n para el Desarrollo del Proyecto de Or...
26/09/2013Receives Approval to Develop the Ollachea Gold Project
19/08/2013Announces $80 million Financing for the Don Nicolas Gold Pro...
19/08/2013Anuncia Financiamiento de $80 millones par
14/05/2013Anuncia los Resultados Financieros Para el Primer Trimestre ...
09/05/2013Anuncia Tres Nuevos Sistemas de Vetas de Oro en Patagonia
02/04/2013Anuncia los Resultados de la Perforaci=F3n
28/03/2013Anuncia sus Resultados Financieros del ejercicio del a=F1o ...
28/03/2013Announces 2012 Year-End Results
13/02/2013Anuncia la Exitosa Finalizaci=F3n de
05/11/2012Anuncia los Resultados Financieros para el Tercer Trimestre ...
17/10/2012Anuncia la Aprobaci=F3n del EIA y el Otorgamiento del Permis
06/09/2012Descubre Nuevo Sistema Minera
24/08/2012Notice of Annual General Meeting
24/08/2012Notificaci=F3n de Asamblea General Anual de Minera IRL Limit...
13/08/2012Anuncia los Resultados Financieros para el Segundo Trimestre...
18/07/2012Confirma el Estimado de Recursos de Ollachea
10/07/2012y Comunidades Firman un Acuerdo de Lic
22/06/2012Sr. Diego Benavides de Minera IRL COMUNIDAD DE OLLACHEA
07/06/2012and Ollachea Community Sign a Thirty Year Surface Rights Agr...
07/06/2012y la Comunidad de Ollachea Firman un
16/05/2012Inicia Proceso de Permisos en el Proyecto Don Nicol=E1s
10/05/2012Anuncia sus Resultados Financieros al Primer Trimestre del 2...
30/03/2012Announces 2011 Year-End Results
30/03/2012Anuncia sus Resultados Financieros del Ejercicio del a=F1o 2...
05/03/2012anuncia Cierre de Oferta de Acciones Comunes por aproximadam...
05/03/2012Announces Closing of Approximately C$33.1 Million Offering
17/02/2012Announces Commencement of Ollachea Exploration Tunnel
17/02/2012Anuncia el Inicio de la Constru
14/02/2012Anuncia el Resultado Exitoso del Estudio d
29/11/2011Realiza el pago de la =FAltima cuota del Contrato de Op
31/08/2011El Directorio de Minera IRL Aprueba la Cons
14/06/2011Announces Significant Resource Upgrade, Ollachea Project, Pe...
14/06/2011Anuncia Significativo Aumento =?ISO-8859-1?Q?de_Recursos_en_...
13/05/2011Anuncia los Resultados Financieros para el Primer Trimestre ...
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LSE (MIRL.L)TSX-V (IRL.TO)
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