Colombia is favorable to mining and its territory is considered largely unexplored
Colombia is an established world producer
With the development of new mines, Colombia is expected to increase its gold production by 53% in the coming years, placing the country among the top 10 gold producers in the world by 2022.
With a total production of 42.7 tons (1,372,908 ounces) in 2017, Colombia ranks 5th in Latin America and 18th in the world for gold production.
In energy resources, Colombia has the largest proven coal reserve in Latin America, which allows it to have part of the world’s largest coal mining project and is the 4th largest coal exporter and 9th largest thermal coal producer in the world.
MONTREAL, April 29, 2022 (GLOBE NEWSWIRE) -- AM Resources Corporation (“AM” or the “Corporation”) (TSXV: AMR) (Frankfurt: 76A) is pleased to announce the closing of a second tranche of its previously announced non-brokered private placement (the “Offering”)...
MONTREAL, April 06, 2022 (GLOBE NEWSWIRE) -- AM Resources Corporation (“AM” or the “Corporation”) (TSXV: AMR) (Frankfurt: 76A) is pleased to announce that it has closed a first tranche of $869,500 (the “First Tranche”) of a non-brokered private placement of up to $2,000,000 (the “Offering”), consisting of the issuance of 17,390,000 units (the “Units”) at a price of $0.05 per Unit...
MONTREAL, July 02, 2020 (GLOBE NEWSWIRE) -- AM Resources Corporation ("the Company") (TSX VENTURE: AMR) announces that due to Covid-19 circumstances it will delay its interim consolidated financial statements and its management discussion and analysis until on or about July 14, 2020...
What is Asphaltite?
Asphaltite (also called Gilsonite) is used in more than 160 products, primarily dark-colored printing inks and paints, oil well drilling muds and cements, asphalt modifiers, foundry sand additives, and a wide variety of chemical products.