Press Release FeedGet the RSS feed
Menu

Business Wire

Mineros Advances Porvenir Project Development; Detailed Engineering Underway Following Independent Engineering Review

Business Wire

MEDELLÍN, Colombia, August 18, 2026--Mineros S.A. (TSX: MSA; BVC: MINEROS; OTCQX: MNSAF) ("Mineros" or the "Company") announces that it has entered the detailed engineering phase for the development of its 100%-owned Porvenir polymetallic deposit (the "Porvenir Project" or "Porvenir"), located within the Hemco Property in Nicaragua, following an independent engineering review of the updated pre-feasibility study announced on March 31, 2026 (the "2026 PFS"). A construction decision is expected in early 2027.

"Porvenir represents a transformative asset for Mineros, and we are treating its development with the technical and financial rigor it deserves," stated Daniel Henao, President and Chief Executive Officer. "By partnering with globally recognized engineering firms to validate our technical work, we are ensuring a seamless transition into detailed engineering. The ongoing design optimization of the mine and processing plant, our drilling campaign for both the mine plan and metallurgy, the preparation of early works, and our progress on permitting all underscore our commitment to maintaining momentum and unlocking the full value of the Porvenir district for our shareholders."

Gap Analysis and Detailed Engineering Readiness

To ensure effective capital allocation and project execution, Mineros engaged a consortium of globally recognized engineering firms, including BBA Inc., NCL Ingenieria y Construcción, Mining Plus, and Tanka Engineering, to conduct a comprehensive gap analysis of the Porvenir Project's technical parameters. The review confirmed the Project's readiness, and detailed engineering has already commenced on the main components of the Project.

Mine Plan and Metallurgy De-risking

Mineros is currently undertaking a targeted drilling campaign at Porvenir. The drilling is designed to reduce geological uncertainty, de-risk the first three years of the underground mine plan and support the metallurgical test work being conducted as part of the detailed engineering for the processing plant. This approach is intended to increase confidence in both the initial production profile and the processing flow sheet.

Early Works and Permitting

To proactively de-risk the project timeline and enable rapid mobilization should a construction decision be made, Mineros is preparing to initiate early works at the Porvenir Project site in areas where the required permits have been obtained. These activities will focus on critical-path infrastructure, including the construction of site accesses, preliminary earthworks, and surface platforms.

  1. SaaSThe Prostate Cancer FoundationProstate Cancer Foundation Expands Radiopharmaceutical Think Tank as Field Enters Pivotal Growth Phase– PCF Think Tank aims to increase adoption of radiopharmaceuticals as major oncology therapeutic platform in prostate cancer treatment and to other tumor types – – New members Orano Med, Telix and Siemens Healthineers join PCF and industry leaders at kickoff meeting at 2026 EANM Annual Congress to address key challenges i
  2. FinanceAlign Technology, Inc.Align Technology Wins Significant Patent Infringement Case Against Angelalign at Unified Patent CourtCompanies: Align TechnologySAN JOSE, Calif. & TEMPE, Ariz., October 17, 2026--Align Technology, Inc. ("Align") (Nasdaq: ALGN), a leading global medical device company that designs, manufactures, and sells the Invisalign® System of clear aligners, welcomes the decision of the Unified Patent Court ("UPC") finding that aligner syst
  3. AISyncra and Neumetry Partner to Build AI-Powered Readiness Platform for Teenage Athletes and Their CoachesSmart ring data meets FDA-cleared physiological AI to help coaches see which athletes are ready to compete, and which need rest LAS VEGAS & SAN JOSE, Calif., October 17, 2026--Syncra Labs Inc., maker of the Syncra smart ring, and Neumetry Medical, Inc., developer of an FDA-cleared predictive health pla
  4. HealthcareAIDS Healthcare FoundationAHF Commemorates 40 Years of Global Impact During Annual World AIDS Day Concert Celebration Featuring Ricky MartinLOS ANGELES, October 16, 2026--AIDS Healthcare Foundation (AHF) , the world's largest, non-profit public health organization providing direct HIV/ADS services to over 3.3 million clients across the globe, will celebrate 40 years of impact during its annual World AIDS Day concert commemoration. Continu
  5. Real estateKBRA Assigns Preliminary Ratings to Angel Oak Mortgage Trust 2026-6 (AOMT 2026-6)NEW YORK, October 16, 2026--KBRA assigns preliminary ratings to ten classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2026-6 (AOMT 2026-6), a $250.6 million non-prime RMBS transaction. The underlying collateral, comprised of 381 residential mortgages, and includes a meaningful conce
  6. FinanceUL SolutionsUL Solutions Warns of GFCI and Duplex Wall Outlets Modified by Third Parties to Include Built-in CamerasAfter manufacturing, third parties added built-in cameras to the wall outlets; UL Solutions did not evaluate the modified products and recommends that they be immediately removed from service and discarded. NORTHBROOK, Ill., October 16, 2026--UL Solutions (NYSE: ULS), a global leader in applied safety