Antilles Gold (ASX:AAU) has issued the notice to proceed to Xinhai Mining for its engineering, procurement, and construction contract for the Nueva Sabana Copper-Gold Project in central Cuba. The contract holds a fixed price of US$29.5 million to conduct the remaining 85% of development costs, which totals US$35 million ($52.38 million). Earthworks, high tension power […]
Antilles Gold (ASX:AAU) announces that three primary transaction documents for the development of the Nueva Sabana copper-gold mine in Cuba have been signed off. The documents include a binding Memorandum of Understanding (MoU) for the commercial arrangements between all involved parties including Antilles, a 50% owned JV, Minera La Victoria (MLV), and Xinhai Mining. The […]