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Last C$0.19 CAD
Change Today 0.00 / 0.00%
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As of 3:42 PM 10/2/15 All times are local (Market data is delayed by at least 15 minutes).

belo sun mining corp (BSX) Snapshot

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01/12/15 - C$0.30
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belo sun mining corp (BSX) Details

Belo Sun Mining Corp. operates as a gold exploration company in Brazil. Its principal property includes Volta Grande Gold Project consisting of 24 contiguous exploration permits and 18 exploration applications covering a total area of 160,407.05 hectares located in the northern region of Para State, Brazil. The company was formerly known as Verena Minerals Corporation and changed its name to Belo Sun Mining Corp. in July 2010. Belo Sun Mining Corp. was founded in 1984 and is headquartered in Toronto, Canada.

Founded in 1984

belo sun mining corp (BSX) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$153.8K
Executive Chairman, Member of Corporate Gover...
Total Annual Compensation: C$335.0K
Chief Financial Officer
Total Annual Compensation: C$108.0K
Chief Operating Officer
Total Annual Compensation: C$350.0K
Compensation as of Fiscal Year 2014.

belo sun mining corp (BSX) Key Developments

Belo Sun Mining Corp Presents at 2015 Precious Metals Summit Colorado, Sep-18-2015 01:10 PM

Belo Sun Mining Corp Presents at 2015 Precious Metals Summit Colorado, Sep-18-2015 01:10 PM. Venue: Park Hyatt, Beaver Creek, Colorado, United States. Speakers: Peter W. Tagliamonte, Chief Executive Officer, President and Director.

Belo Sun Mining Corp, Annual General Meeting, May 28, 2015

Belo Sun Mining Corp, Annual General Meeting, May 28, 2015., at 11:00 US Eastern Standard Time. Location: 65 Queen Street West, 7 floor boardroom. Agenda: To receive and consider the audited financial statements as at and for the fiscal year ended December 31, 2014, together with the report of the auditors thereon; to consider and elect the directors for the ensuing year; to consider appointment of Collins Barrow LLP as auditor of the corporation; and to consider other business as may properly come before the Meeting or any postponement(s) or adjournment(s) thereof.

Belo Sun Mining Corp. Announces Completion of a Feasibility Study on its Volta Grande Project Located in Brazil

Belo Sun Mining Corp. announced the completion of a feasibility study on its 100% owned Volta Grande project located in Brazil. Highlights include: Gold production of 205,000 oz averaged over a 17 year mine life Post-tax Internal Rate of Return of 26% using a gold price of $1,200/oz Post-tax Net Present Value of $640 million at a 5% discount rate Initial capital costs of $298 million, including pre-production costs. Average cash operating costs of $618/oz and all-in sustaining costs of $779/oz Proven and Probable mineral reserves of 3.8 million ounces of gold. The feasibility study considers open pit mining using a 100% owner operated equipment fleet including trucks, loaders and drills. The mine has been designed to deliver an initial 3.5 million tones per year (10,000 tones per day) of mill feed and expand to 7 million tones per year (20,000 tones per day) reaching full production in year 3. The feasibility study contemplates a mine that will extract ore over a 17-year period not including eight months of pre-production stripping. The Feasibility Study optimizes the mine plan for the first 11 years with a delivered head grade of 1.30 g/t. Material from the last three months of pre-production stripping will be used to commission the process plant. The average strip ratio for the life of the mine is estimated at 4.3:1. Open pit bench heights of 10 meters will be mined and ore hauled with 136-tonne haul trucks and matching loading equipment. Best practice grade control drilling will be done with reverse circulation drilling and rock sampling on mine benches prior to blasting. This provides the greater flexibility for grade control during operations while maintaining reasonable mine operating costs and production capability.


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