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Iberian Minerals update

Thu, Nov 26, 2009

Silver Company News

Iberian Minerals Corp. (TSX VENTURE:IZN) announced that the company has completed the second draw under the previously announced bridge financing of up to US$21,000,000 with Trafigura Beheer, B.V.

The press release is quoted as saying:

Iberian Minerals Corp. is a Canadian listed global base metals company with interests in Spain and Peru. The Condestable Mine, located in Peru approximately 90 km south of Lima, operates at 2.2 million tonnes per year producing copper, and associated silver and gold in a concentrate.

Click here to access the entire press release

Click here to access Iberian Minerals Corporate Site

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  • The Silver Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.

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  • ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry.  Also, check for profiles of companies doing great things to improve mining best practices.

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