Largo Resources Reports Operational Update on Maracás
Largo Resources Ltd. (TSXV:LGO) reported that construction on its Maracás Vanadium Project in Brazil remains on budget and on schedule. Currently, commissioning is planned to commence at the end of the fourth quater, 2013.
Largo Resources also appointed Andrew Hancharyk as Chief Legal Officer. Mr. Hancharyk is a lawyer with over 18 years of experience in business law across various industries, including resource companies.
Largo Resources also appointed Andrew Hancharyk as Chief Legal Officer. Mr. Hancharyk is a lawyer with over 18 years of experience in business law across various industries, including resource companies.
As quoted in the press release:
Significant progress has been made in all areas at the project site. Several areas are now complete with specific locations and equipment entering the pre-commissioning or commissioning stages according to their intended schedules. Fabrication of the majority of international equipment has concluded with shipments either anticipated in the near-term or already underway.
Largo Resources Ltd. Chief Operating Officer, Tim Mann, said:
Our team has done an exceptional job of monitoring our minute-to-minute progress and responding to and managing potential issues in order to keep us in line with our year-end target. I believe this is largely due to the fact that we have an extremely experienced team of engineers on the ground who have built and operated many projects over the years, who have analyzed potential unforeseen events and who have built contingencies into the construction timeframes.” He continued, “I congratulate our team for overcoming the inevitable and unpredictable hurdles associated with these types of projects that we have encountered to date and for working aggressively to sustain the rapid pace of forward development which presently keeps us on track to commission in the Fourth Quarter of this year.
Click here to read the Largo Resources Ltd. (TSXV:LGO) press release
Click here to see the Largo Resources Ltd. (TSXV:LGO) profile
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1846.53 | +0.13 | |
Silver | 21.75 | +0.03 | |
Copper | 4.30 | +0.02 | |
Palladium | 1968.65 | +11.53 | |
Platinum | 957.67 | +3.19 | |
Oil | 110.35 | -1.86 | |
Heating Oil | 3.62 | -0.05 | |
Natural Gas | 8.06 | -0.25 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.