Andean American Expects Invicta to Average 97,931 Oz Gold per Year

News was released this morning for Andean American Mining (TSX.V-AAG) (FWB-AQN) regarding the completion of the Optimized Feasibility Study for the Invicta Project.   John Huguet states:  “These improvements strengthen an already financially robust model and move us closer to completion of our major financing for Invicta.  There is still much to learn about the geology… Continue reading Andean American Expects Invicta to Average 97,931 Oz Gold per Year

Andean American Announces US$8 Million Bridge Loan and Gold Offtake Agreement

Andean American Mining (TSX.V-AAG) has announced an agreement with a prominent metals trader to further advance the Invicta project.  The agreement is to provide a Bridge Facility in exchange for the right to buy gold and silver production from the Invicta Mine.  The Facility is for US $8 million and should close June 1, 2010… Continue reading Andean American Announces US$8 Million Bridge Loan and Gold Offtake Agreement

Andean American Partners with Trafigura

Great news today with Andean American. Trafigura has taken an equity investment in the amount of $3,000,000 and has long term off-take agreements for the sale of the Invicta project’s copper, lead and zinc concentrates. The Company and Trafigura also intend to negotiate a project finance, cost overrun and working capital facility for up to… Continue reading Andean American Partners with Trafigura