Inca One Gold (IO.V), our favorite toll milling idea in Peru, recently had to reduce its throughput at the Chala One processing plant once again, as the lack of funds prevented the company from buying more ore. However, the company is currently in the process of restructuring its balance sheet […]
Inca One Gold (IO.V) has announced it has received a first cheque from SUNAT, the Peruvian tax and customs authority. As you might remember from our previous reports, Inca One had to pay VAT on the ore it purchased from the small-scale miners but had to wait on an audit […]
Inca One Gold (IO.V) has announced it is pulling out of the letter agreement with Montan Mining (MNY.V) and Goldsmith Resources whereby Inca One originally intended to acquire the Mollehuaca plant as well as the Eladium gold mine. During the due diligence process, Inca One has detected potential problems and […]
Thibaut Lepouttre, editor of Caesars Report, knows ’tis the season for generosity, so when we asked him for his top three picks among junior mining equities, he gave us five—four gold plays and a phosphate name. Belgium-based Lepouttre also discusses different “black swan” events and their potential impact on the […]
Standard Tolling (TON.V) has updated the market on its activities in Peru, where it planned to sell the mill and ore to Inca One Gold (IO.V). All the existing ore but two trucks have been shipped to Inca One’s Chala facility, but when Standard Tolling started to break down the […]
As Inca One Gold (IO.V) has made some major steps forward in the past months and quarters, we wanted to see the changes for ourselves and flew to Peru to kick the proverbial tires of the Chala One and Mollehuaca ore processing plants. Update: Inca One did not complete the […]
As Inca One Gold (IO.V) has made some major steps forward in the past months and quarters, we wanted to see the changes for ourselves and flew to Peru to kick the proverbial tires of the Chala One and Mollehuaca ore processing plants.
We have met with Inca One’s (IO.V) CEO Edward Kelly in Vancouver and as he shed some more light about the company’s near-term plans at Chala, an update seems to be warranted.