Petaquilla, Clean Mining

Posts Tagged ‘petaquilla’

Petaquilla Gold, S.A. unconditionally supports the artistic, cultural and educative manifestations

Sunday, September 25th, 2011

The unconditional support to various artistic, cultural, literary, social, civic, sport, educative and folkloric manifestations of the communities and districts that are at 50 kilometers radius and even further where the mining project Petaquilla Gold S.A. is developed, in the district of Donoso in the province of Colon, have characterized the concept of Sustainable Social Development, devised by the company manager Richard Fifer-Carles.

As part of this social compromise, the Petaquilla Gold S.A. company, execute these initiatives through the Petaquilla Foundation and recently by the Castilla del Oro Foundation, which have promoted in a sustainable way, the participation of several artistic groups from small communities in festivals and vernacular parties, fairs and carnivals, with the purpose of further contribute to the social development and boost and safe guard the regional and national identity of these communities and their inhabitants.

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Entertainment on Mothers Day celebration

Friday, August 19th, 2011

December 2008

By Carlos Salazar

Mining Engineer

A tradition has taken root among Petaquilla Gold coworkers at its headquarters in Santa Ana in the district of La Pintada, when it comes to honoring mothers on their day.

Like last year, on the initiative of company coworkers in this venue, Mrs. Severiana Mendoza was chosen as Mother’s Day queen. All adorned with the splendor that must characterize such an important celebration in honor of the nicest person for every human being: the woman who gave us life.

Panama is different from the rest of the continent where this holiday as celebrated in May while our country chose to do it the day of the Virgin of the Immaculate Conception, giving this date a much deeper meaning, as we celebrate the Panamanian mother’s day and the baby Jesus’ mother’s day.

That’s why this year’s chosen to wear the queen of mothers’ crown at our company was Mrs. Maria Riva in the midst of a beautiful party and gift-giving and toast, all arranged by our valuable human resource and the company’s support, proud to pay tribute to mothers on their day.

richard fifer

2010 Mother Queen Severiana Mendoza

Only one mother. Therefore, whatever we do to honor and entertain them will always be too little. Praise mothers on their day; praise Petaquilla Gold mothers.

richard fifer

2011 Mother Queen María Riva

richard fifer

Petaquilla Foundation gives training and donates supplies



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Minería: aspiraciones y preocupaciones de siempre

Wednesday, August 17th, 2011

Richard fifer

Han pasado más de 15 años desde que  la actividad minera registró un repunte,  con el inicio del proceso de exploración de proyectos como el de Petaquilla, y a pesar del debate que ha rodeado esta temática, las demandas, aspiraciones y preocupaciones no han variado.

Precisamente, en ese escenario, en mayo de 1998,  la Comisión Centroamericana de Ambiente y Desarrollo (CCAD), dentro del Proyecto Desarrollo y Perspectivas de la Actividad Minera en Centroamérica, realizó un taller, dentro del cual la delegación panameña hizo un esbozo de la  situación actual y las perspectivas de la actividad minera en Panamá.

Se concluyó que la minería presenta oportunidades de desarrollo económico y mejoramiento social en aspectos de salud, educación, vías de acceso, generación de empleo y servicios básicos, en comunidades  apartadas.

Abogaron por que la minería se desarrolle en forma armónica con el medio ambiente, de manera que se minimicen los impactos negativos que pueda tener en la naturaleza.

 

El documento plasma una situación que es real hoy y hace más de diez años, puesto que en  muchas áreas la minería se constituye en la única alternativa debido  a la intensa intervención el ser humano, por ejemplo la deforestación.

Algo fundamental que plantean todos los sectores es que los  beneficios de la actividad minera persistan  después que  el proyecto culmine, en proyectos de educación, reforestación, y la recuperación de áreas afectadas  haciéndolas  aptas para otras actividades como el turismo, agropecuario, entre otras.

Uno de los puntos fundamentales, en vista de la poca tradición minera de Panamá, es la divulgación e información veraz y abundante sobre esta temática.

Igualmente, se planteó que las concesiones mineras se deben dar con prioridad en áreas no protegidas y, en caso de que se otorguen, que  las regulaciones y normas ambientales sean más exigentes.

También,  la creación de instancias internacionales  donde se puedan denunciar,  desde el punto de vista moral, los posibles abusos y faltas de las empresas mineras.

También, que en cada proyecto se realice una consulta comunitaria planeada y permanente; y que sea obligatorio dentro del Estudio de Impacto Ambiental, el  método para rehabilitar las áreas afectadas por la minería.

Como se ve, son aspiraciones de siempre,  y que hoy más que nunca, son factibles de cumplir, puesto que las modernas tecnologías así lo permiten; pero mas fundamental es, no se puede partir desde la premisa de no permitir el desarrollo minero, porque con sus ventajas y desventajas, se trata de una actividad que genera riqueza e impulsa el desarrollo de áreas generalmente apartadas.

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Petaquilla Gold

Saturday, April 30th, 2011

Gold Mining Boom in the Republic of Panama

The price of gold today is $1535.40/oz and the likelihood is that it will keep rising. Gold and copper mining are booming due to various occurrences around the globe such as high energy costs and political instability. The key is investing smart. Latin America, more specifically Panama has become one of investors’ favorite mining spots due to its ore producing potential. Located near the country´s capital, in the District of Donoso, Petaquilla Gold is a successful mining project with plans in place to increase production to 5000 tonnes per day with the addition of a SAG mill as the supply of the mill feed permits. Images from the Company’s website are only a glimpse of the potential of this land. With a steady trajectory and vast expertize, Richard Fifer´s gold mine is already one of the largest mining projects in the world.

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Drinking from the pond – Petaquilla

Sunday, February 27th, 2011

Mr. Carlos Salazar from Petaquilla Gold took on the challenge to prove once again that there was no mining trail or any pollution to the environment.

The challenge Mr. Quijano brought to the Deputy Minister, to drink water from the Santa Rosa mine in Cañazas.  This mine closed 13 years ago.

Petaquilla - Carlos Salazar

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Occupational Health and Security– Petaquilla

Wednesday, February 16th, 2011

This seminar/training is specifically for companies like Petaquilla Minerals, Petaquilla Gold and PDI.

Crítica en Línea

More than 80 employees and collaborators of the mining industry in the Province of Colon participated in a training session offered by the Social Security Administration of Cocle directly by the Occupational Health and Security section.

Ivanka de Chiari, coordinator in the province, pointed out that the training was for the employees of Petaquilla so they can be aware of the type of work environment they should have and the security conditions that are necessary.

She also stated that the purpose is preventing accidents in the workplace.

Onésimo Domínguez, member of the industrial union stated that this type of training was important because there are different projects which require caution and its important to know how to react in case of an emergency.

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Food donations

Tuesday, February 8th, 2011

Petaquilla - Carlos Salazar

Petaquilla Gold, S.A. arrived in Chorillo, Panamacity wherein, Carlos Salazar  delivered dry goods to Mrs. Olga Cárdenas President of the childrens diner Divino Niño de Jesús.

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Mining finances future government works

Monday, February 7th, 2011

Vallarino said that only Petaquilla Mine itself would provide $ 5.000 million in thirty years.

CARLOS CORDERO ANEL
ccordero@laestrella.com.pa

PANAMÁ.
Given the lack of resources, the Government commitment to mining as a source for funds for an ‘ambitious’ investment plan includes a series of mega-projects and other works set in the Investment Plan for the next four years.
The government ‘needs to raise more’, said the President of the Republic, Ricardo Martinelli.
Resources are needed for use in the execution of works, purchase of medicines, building hospitals and providing better services to the population.
While mining in the country continues to generate a potential rejection by the people, the government continues to show that they will not back down and is expected to approve next week the amendments to the Mining Code governing the activity.
Since last May, Minister of Economy and Finance (MEF), Alberto Vallarino, stated that the revenue gained from the new mining concessions would be funds for financing the works described.
Vallarino said that only Petaquilla Mine itself would provide $ 5.000 million in thirty years.
The government has raised taxes on taxpayers, the Fiscal Responsibility Prosecutor will not allow the State to continue borrowing said economist Adolfo Quintero.
Another alternative for obtaining government funding would be the sale of actions of semi-privatized institutions.
For 2011, the budget includes investments of $ 5.409 million add to that more than $ 200 million for damages caused during last year’s floods.
Quintero said these emerging factors are not covered by the budget, making it necessary to search for new sources of income.
The Plan of Government of the Alliance for Change, developed in the campaign, Martinelli promised once in power, he would ‘update’ and review the mineral potential of Panama.

(this is an excert of the original article)

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Petaquilla, Colon, Panama

Tuesday, February 1st, 2011

Petaquilla Article – Gold Mining stocks are a popular way of investing in gold – albeit indirectly.

The perceived advantage of investing in gold mining shares is that their value is usually more sensitive to the price of gold than even a gold bar. This is because gold mining shares are valued on the basis of their anticipated profits through the life of the mine, and these depend on the reserves, and on the relationship between gold mining production costs and the anticipated value of the gold extracted.

Suppose a gold mine has 1,000,000 ounces underground and the above ground value is $1,000 per ounce. If the production cost is $800 per ounce the mine will make $200,000,000 over its life. But if the gold price rises by 20% to $1,200 the mine will make $400,000,000 overall. This demonstrates a ‘gearing’ effect of 4 times – i.e. for a rise in bullion of 20% the share will rise by the 20% plus another 4 times 20%, i.e. 100% (all other things being equal, which they rarely are).

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Chief Financial Officer Petaquilla named

Monday, December 6th, 2010

Petaquilla‘s board of directors and management would like to thank Ms. Van Baarsen for her dedicated and attentive work


VANCOUVER, BRITISH COLUMBIA — (MARKETWIRE) — 12/02/10 –

Petaquilla Minerals Ltd. (TSX: PTQ) (OTCBB: PTQMF) (FRANKFURT: P7Z) (“Petaquilla” or the “Company”) is pleased to announce the appointment of Mr. Ezequiel Sirotinsky as Chief Financial Officer of the Company.

Mr. Sirotinsky, a Certified Public Accountant, was formerly Director of Finance for Silver Standard Resources, Inc., where he was responsible for the administration and finance aspects of their Mina Pirquitas Project in Argentina, and Administrative and Finance Manager for AngloGold Ashanti Limited’s Cerro Vanguardia Project, a gold and silver mine, where, among other responsibilities, he was involved in reporting and accounting management, treasury and cash management, risk management, business planning and strategy development, and tax planning.

The Company welcomes Mr. Sirotinsky as Chief Financial Officer. His experience garnered from holding senior finance positions within other mineral producing companies will benefit the Company in its next steps to becoming a mid-tier gold producer.

Mr. Sirotinsky replaces Ms. Julie van Baarsen as the Company’s Chief Financial Officer. Petaquilla’s board of directors and management would like to thank Ms. van Baarsen for her dedicated and attentive work and wishes her well in her future endeavors.

About Petaquilla Minerals Ltd. – Petaquilla Minerals Ltd. is a gold producer operating its gold processing plant at its 100% owned Molejon Gold Project in Panama. The plant utilizes three ball mills and a carbon-in-pulp processing facility. Anticipated throughput for the project during the first year of commercial production is estimated to be 2200 tonnes per day. The Molejon mine site is located in the south central area of the Company’s 100% owned 842 square kilometer concession lands, a region known historically for its gold content.

On behalf of the Board of Directors of PETAQUILLA MINERALS LTD.

Richard Fifer, Executive Chairman of the Board

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