• General view of Guaxilan mine, Guatemala

  • General view of Guaxilan mine, Guatemala

  • Stock pile - Guaxilan mine, Guatemala

  • Disposing the ore from Guaxilan mine, Guatemala on the port

  • Loading vessel on the port with ore from Guaxilan mine,Guatemala

  • Ore stockpiles from Guaxilan mine, Guatemala

  • General view of Guaxilan mine, Guatemala

  • General view of Guaxilan mine, Guatemala

  • Stock pile - Guaxilan mine, Guatemala

Guaxilan presentation

Guaxilan, S.A. is a mining asset acquisition made by the Cunico Group and is a fully owned subsidiary. Guaxilan is a mining company operating in the area of Gualan – Zacapa in Guatemala. The technology used is of open pit, using mechanical equipment such as excavators. The mining asset is located in Guatemala.

Guaxilan considers the communities within the influence area, as the mayor stakeholders of the company, and for this reason is committed to produce a positive and long lasting influence on the life of every member of the community. Guaxilan is the owner of several exploitation and exploration tenements in the area Cerro Colorado Mining Project (CCMP), in Guatemala. The exploitation tenement is estimated to contain large quantity of mineable high grade Saprolite Nickel ore. The exploration applications cover a sizable area, containing some potentially promising locations.

Guaxilan’s expectations is to increase projects which have a wider impact in the communities, by working in strong cooperation with the local government, the community leaders, the environmental organizations, the public institutions and every member of the communities. Taking into account that the children are the future, for Guaxilan is important to promote a good educational environment, for this reason they are the core of its social responsibility program.

Guaxilan is strongly committed to promote through all its projects sustainable development, facing human needs in a way that preserves the environment and enhances human value, constructing a brilliant future together.

ORE SPECIFICATIONS

Element Typical (%) Indicative (%)
Fe 13-22 18.0
Ni 1.8 - 2.0 1.95
Co 0.03 - 0.05 0.04
Cr 0.9 - 1.1 1.0
CaO 1.0 - 2.0 1.5
MgO 16 - 22 18.0
Al2O3 2.0 – 3.5 2.7
SiO2 30 - 40 35.0
S < 0.05 0.05
P < 0.01 0.01
Moisture 32 - 37 35
TML**   38
Granulometric size classes (mm) Mass distribution (%)
+25 25
-25+9.5 25
-9.5 50

*data average from 3 million tons of ore received from Guatemala

**transportable moisture limit