Viche

Luminex Reaches Agreement with a Second Association of Artisanal Miners Around Condor North

Retrieved on: 
Friday, September 8, 2023
Transfer, Agreement, Minor local entity, Water, LR, Viche, Condor, Government, Judgement, Sale, Ministry, Ministry of Ecological Transition (France), Good, Trust, Local, Mining, Burundi Ministry of Energy and Mines, Mediation, Sales, Luminex, Environment

The negotiated agreement is the second such agreement and is part of an ongoing strategy aimed at progressing the development of Luminex's Condor Project.

Key Points: 
  • The negotiated agreement is the second such agreement and is part of an ongoing strategy aimed at progressing the development of Luminex's Condor Project.
  • VANCOUVER, BC, Sept. 8, 2023 /PRNewswire/ - Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF) (the "Company" or "Luminex") is pleased to announce that it has reached a mediated agreement (the "Agreement") with an important group of informal miners in the Condor North portion of its Condor gold project in southeast Ecuador (the "Condor Project").
  • Last month, the Company announced a ground-breaking agreement with the Association La Pangui S.A.S.
  • (the "Local Entity"), which primarily incorporated members of Asoproper, a neighbouring association of informal miners.