Proactive - Interviews for investors

Mineros S.A. Eyes Growth With Nicaragua Project

Episode Summary

Mineros S.A. Vice President of Investor Relations Ann Wilkinson joined Steve Darling from the Vancouver Resources Investment Conference to share news about the company’s remarkable transformation and ambitious growth plans. Wilkinson shared that Mineros S.A., a Latin American gold producer with a 51-year history, has often flown under the radar despite producing over 200,000 ounces of gold annually and consistently paying dividends for more than four decades. “We’ve been paying a dividend for about four decades. So it's a really robust company that a lot of people just really didn’t know about,” she noted. She highlighted a major turning point in March 2024 when a new major shareholder came on board, introducing a refreshed strategic vision. This shift led to a rationalization of costs and optimization of production across their operations, particularly in Nicaragua, where Mineros recently achieved a record December production of over 20,000 ounces. Looking ahead, Wilkinson said the company is targeting 300,000 ounces of annual production in the short to medium term through organic growth and potential acquisitions. A key near-term catalyst is a decision on the Porvenir project in Nicaragua, which boasts 572,000 ounces in reserves and a projected nine-year mine life. Wilkinson emphasized that part of her mission is simply getting the word out: “This is probably the biggest company that existed for five decades that I have never heard of,” she recounted from investor feedback. #proactiveinvestors #MinerosSA #GoldMining #LatinAmericaMining #GoldStocks #NicaraguaMining #MiningInvesting #InvestorRelations #PorvenirProject #GoldProduction #TSXStocks #OTCQX #MNSAF #MiningGrowth