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MEI Online: Plant Operation News: South & Central America: December 4th 2014

 
 

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:: Government of the Province of San Juan Signs a Decree for the Implementation of Dundee Sustainable Technologies Green Technologies in Argentina

 

Dundee Sustainable Technologies Inc. the developer and owner of proprietary technologies to serve the natural resource sector with environmentally friendly procedures, is pleased to provide further information on its progress to date.

On October 31st, 2014, a decree was ratified in San Juan by the Governor of the Province of San Juan, M. Jose Louis Gioja, in view of implementing DST’s proprietary cyanide-free technologies following the visit at DST’s plant in Thetford Mines by the Minister of Mines of the Province of San Juan, Argentina and representatives of the University of San Juan.

San Juan Mining S.A. has announced that they will proceed to obtain the financing to build a processing facility using DST’s environmentally friendly technologies, including the treatment of arsenic, in the Province of San Juan at an estimated cost of 100 M$. The processing facility shall have a capacity to process 200 Tonnes of concentrate per day (6,000 Tonnes of ore).

DST granted to San Juan Mining S.A. a non-exclusive license for the use of its technology for which DST would receive a 3% Net Smelter Return (“NSR”) on all precious and base metals thus produced. San Juan Mining S.A., a private mining company, has a portfolio of over 15 highly prospective exploration properties in the Province’s prestigious “Valle del Cura”, host to several world class gold deposits.

 

 

   

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