Company & Project History
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Cambior discovers La Arena |
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IAMGOLD acquires Cambior |
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IAMGOLD decides to sell La Arena Project to Rio Alto Mining Limited |
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Global Financial Crisis |
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Rio Alto and IAMGOLD re-negotiate agreement to acquire La Arena |
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MSM acquires Rio Alto and changes name to Rio Alto Mining Limited (TSXV:RIO) |
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IAMGOLD elects to convert US$1M option fee to shares (10.7%) |
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Rio Alto lists on Lima Bolsa |
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Kallpa Securities SAB raises C$ 6.1M from Peruvian investors (C$0.36 / share) |
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Secures Gold Prepayment Facility (US$ 24.25M) to fund La Arena Gold Oxide Project Development |
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Raises C$ 8.5M from Peruvian investors (C$0.75 / share) |
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Raises C$ 7.7M from JP Morgan Natural Resources Fund (C$0.76 / share) |
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La Arena Gold Oxide Project EIA approved |
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Updated Resource / Reserve and Financial Model |
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Raises C$ 20.3 M in Peru & Chile; JP Morgan participates (C$1.68 / share) |
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Closes C$ 57M bought deal financing (C$2.05 / share) |
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Rio Alto Mining Limited completes 100% acquisition of La Arena SA |
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First gold production at La Arena |