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| Statut : Mine development |
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| Risques / Pays : Important |
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 | Globestar Mining Corporation
Owner: 100% |
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| Titre | Profil de la Compagnie | Tous les projets | Site web de la compagnie | Page projet de la compagnie |
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| Cerro de Maimón was acquired from Falconbridge Dominicana (Falcondo) in April 2002 for an initial payment of US$350,000 and future payments of US$500,000. Falcondo hold a 2% royalty, of which 1% can be purchased by GlobeStar for US $1,000,000. The company holds 100% of the project. |
 | Xstrata plc
Net Smelter Return: 2% |
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| Titre | Profil de la Compagnie | Tous les projets | Site web de la compagnie | Page projet de la compagnie |
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The Cerro de Maimón property is located in the municipality of Maimón, in Monseñor Nouel Province, approximately 70 kilometers northwest of Santo Domingo, the capital of the Dominican Republic. The operation is approximately 4 kilometers east of the town of Maimón, home to around 25,000 people.
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Construction of the approximately $69 million open pit mine, processing facilities and related infrastructure began in December 2006 and was completed in October 2008.
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The Cerro de Maimón deposit is a typical volcanic-hosted exhalative massive sulphide body (VMS type). It contains sulphide ores with recoverable copper, gold and silver, overlain by a gold and silver rich oxide cap.
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