Falling in Love with Alianza Del Pacifico; The Global Dating Game
New York, NY/ Point Roberts, WA - June 12, 2013 (Investorideas.com Mining stocks newswire) Dawn Van Zant of Investorideas.com.
The recent Alianza del Pacifico conference held in Cali, Colombia on May 23rd has inspired a global dating game and courtship, as leaders of observing and potential member countries posture for future roles in the Alliance. The conference left everyone with a sense of economic optimism that has incited global interest on how to best participate moving forward.
The Pacific Alliance, formed in 2011, consists of Colombia, Mexico, Chile and Peru. At the Cali conference, Laura Chinchilla, President of Costa Rica, said that Costa Rica would be joining next, possibly only months away. Inspired by the vision of integration she noted it was easy to move forward with a similar way of thinking in terms of policies that promote social inclusion.
Next in line may be Guatemala, hoping to be a member and not just an observe, according to President Otto Pérez Molina.
Canadian Prime Minister Stephen Harper, expected to take a more visible role at the conference, was instead bombarded by Canadian reporters asking questions about domestic internal issues. I was not one of the media invited to question and did not see any sign of him at the actual conference. He did tell media that it was too early to tell if Canada would join the Alliance.
Canada already has a strong presence in the member countries in both the mining and energy sectors. The defense sector gained some ground on May 22 , when Prime Minister Harper in Peru, announced signing a memorandum of understanding (MoU) between the Canadian Commercial Corporation (CCC) and the Ministry of Defense of the Republic of Peru, to create new opportunities for Canadian businesses in the defence and security sector.
“Canada and Peru enjoy growing bilateral relations based on a mutual commitment to regional stability and prosperity in the Americas,” said the Prime Minister. “Today’s announcement will enable Peru to acquire the equipment and expertise it needs to fulfill the country’s defence and security agenda, while creating opportunities for Canadian businesses.”
The US has also recently made visits to the member countries following all the buzz and excitement the conference generated. US Vice President Joe Biden just visited Colombia for the first time in a decade. At a press conference with Santos, President of Colombia he said, “We applaud any advance that brings the Colombians closer to the peace that they so much deserve” said Biden. “You Colombians have recovered your country from war, have advanced swiftly” he added and emphasized that the country has made “great progress” in fighting the guerrilla and the drug trade in recent years and now “your are beginning to harvest the fruits of that security policy. “.
At the Cali conference all member Presidents speaking during the closing panel discussed strong economic growth, a decrease in poverty rates, an increase in foreign investment and big hopes for future economic prosperity using the legal framework of the Alliance.
As the global economy evolves and money flow changes from established countries to emerging economies, the role of investors and who is investing has also made dramatic shifts.
According to a press release from the US Embassy in Mexico on May 15, Investment from Mexico to the United States has increased 11% in the past year and is currently at USD 27.9 billion. Almost 4,000 investor visas were issued to Mexicans last year, which is more than from all other countries except Japan and Germany.
There are many examples of recent Mexican investment in the United States. Grupo Bimbo, Sigma Alimentos, Gruma, Arca, Grupo Herdez, and Industrias Bachoco are just a few of the food companies with a growing presence in the United States. Grupo Alfa, Mexichem, Elektra, and Cinepolis are other examples of companies expanding north. While many large companies have been successful, opportunities exist for small and medium-sized companies as well.
So the evolution of the Pacific Alliance will be closely watched by global players both in and out of the Alliance.
Mariano Rajoy Brey, Prime Minister of Spain explained why Spain was interested in the Alliance during his panel session in Cali . He noted the liberalization of an open economy with a framework that is favorable to investment, is one that will work. Spain in facing its difficulties is looking at this as a recipe for success. He said the Alliance creates opportunities, freedom and most importantly it means work and wealth to its members.
As one global economic panelist stated during the day, “Europe’s economic crisis would go from critical to chronic”, it was agreed by audience members that it was wise for Spain to look to the Alliance for new opportunities.
About the Pacific Alliance:
The Pacific Alliance is the coalition of four countries with a coastline facing the Pacific Ocean ( Colombia, Mexico, Chile and Peru), seeking to act as a bloc on topics of trade and investment to ensure open mobilization of goods, services, capital and people. The Alliance was created in April 2011 by the Lima Declaration.
The Alliance is based on the affinity between these countries on matters related to market economy, openness to foreign investment, increased trade strategy and political and economic relations with the Asia-Pacific region.
The four countries that make up the coalition represent about 206 million people (equivalent to the total population of Brazil) and generate a gross domestic product (GDP) of U.S. $ 1.7 billion, equivalent to 34% percent of Latin America, with a GDP per capita of around U.S. $ 11 billion. Colombia, Mexico, Chile and Peru account for half of the region's foreign trade: U.S. $ 471 billion in exports and $ 453 billion in imports and are recipients of nearly $ 53 billion in FDI 2.
This is the second in an ongoing series of articles on investment opportunities within the four countries of the Pacific Alliance, ( Colombia, Chile, Mexico and Peru) with a primary focus on mining and oil and gas stocks.
Snapshot: Mining Stocks with Interests in Pacific Alliance of Mexico , Chile, Peru and Colombia
Almaden Minerals Ltd. ( TSX:AMM.TO) is an exploration company specializing in the generation of new mineral prospects in the Western half of North America. The company currently has over 40 properties in its portfolio at various stages of exploration and development. This strong portfolio of exciting projects is the direct result of Almaden's commitment to exploration.
Animas Resources Ltd. (TSX:ANI.V) a North American mineral resource company focused on acquisition and discovery, consolidated the Santa Teresa District's Santa Gertrudis precious metal and related deposits and prospects within a 562 square kilometer land holding. Our mission is to grow Animas through development, discovery and acquisition of high-quality mineral deposits and to build upon the historic gold resource base at Santa Gertrudis, Mexico, and maintain a pipeline of only the highest quality projects.
Avino Silver and Gold Mines Ltd. ( TSX:ASM.V) is working to re-activate the Avino mine, an important historical producer of silver, gold, zinc, copper and lead. Aggressive drilling on the property encountered new zones of silver, gold, zinc and lead. All our work is focused on two primary goals: Resume production as quickly as possible and expand resources and reserves. Avino also holds precious metals properties in British Columbia and Yukon Territory.
B2 Gold Corp. ( TSX:BTO.TO) is a Vancouver based gold producer with three operating mines (two in Nicaragua and one in the Philippines) and a strong portfolio of development and exploration assets in Nicaragua, Colombia, Namibia and Uruguay.
Cabo Drilling Corp. ( TSX:CBE.V) is a drilling services company headquartered in North Vancouver, British Columbia, Canada. The Company provides mining related and specialty drilling services through its Canadian divisions in Surrey, British Columbia; Montreal, Quebec; Kirkland Lake, Ontario; and Springdale, Newfoundland; as well as Cabo Drilling de Mexico S.A. de C.V. of Hermosillo, Mexico; Cabo Drilling (Panama) Corp. of Panama, Republic of Panama; Cabo Drilling Spain S.L. of Sevilla, Spain; Balkan States Drilling SH.P.K. of Tirana, Albania; Cabo Drilling (Ghana) Limited of Accra, Ghana; and Cabo Drilling (International) Inc. .
Camino Minerals ( TSX:COR.V) is a new mineral exploration company that was formed in connection with Goldcorp's acquisition of Canplats. Camino is led by Canplats' former management, has approximately C$9.2 million in the treasury and is focused on precious and base metal projects located in Mexico.
Canasil Resources Inc. ( TSX:CLZ.V) is a Canadian mining and mineral exploration company with a strong portfolio of precious and base metal (gold, silver, copper, zinc and lead) exploration projects in British Columbia, Canada and Durango, Sinaloa and Zacatecas States, Mexico. The Company’s directors and management include industry professionals with a consistent track record of identifying and advancing successful mineral exploration projects. Our corporate objective is to enhance shareholder value by increasing the value of the Company’s mineral properties through cost effective and responsible exploration and development. We also strive to identify and acquire new mineral exploration projects, which present opportunities for significant future added value for our shareholders .
Canasil Resources Inc. ( TSX:CLZ.V) is a Canadian mining and mineral exploration company with a strong portfolio of precious and base metal (gold, silver, copper, zinc and lead) exploration projects in British Columbia, Canada and Durango, Sinaloa and Zacatecas States, Mexico. The Company’s directors and management include industry professionals with a consistent track record of identifying and advancing successful mineral exploration projects. Our corporate objective is to enhance shareholder value by increasing the value of the Company’s mineral properties through cost effective and responsible exploration and development. We also strive to identify and acquire new mineral exploration projects, which present opportunities for significant future added value for our shareholders
Cosigo Resources Ltd. (TSX:CSG.V) is a Vancouver-based company exploring for gold deposits in Colombia and Brazil . Cosigo has assembled a strong team, well experienced in South America and in the exploration and mining-finance industries. The Company's flagship project is its 100% owned Machado Project in Taraira Gold Belt of southeastern Colombia where geological mapping and geochemical sampling have identified potentially gold-bearing strata over a strike-length of more than 20 km. Cosigo's ongoing work on the 9,973 hectare Machado Project is the first modern exploration program in an area known tohave hosted more than 100 historic gold mining operations.
Defiance Silver Corp. (TSX:DEF.V) is a near term silver producer engaged in the acquisition, exploration, and development of advanced silver projects in the Zacatecas Silver District, Mexico. The Company's efforts are focused on: 1) the exercising of an option to purchase the San Acacio Mine, 2) the purchase and refurbishment of the 200 tpd Santa Gabriela Mill, and 3) the definition of feed for the Santa Gabriela Mill from surface dumps and from the San Acacio Mine with its 43-101 compliant silver resource (reference Defiance Silver Corp New release dated October 25, 2012). Disclaimer: Although Defiance is working to bring the Santa Gabriela Mill and the San Acacio Mine back into production, Defiance has not completed a 43-101 compliant Feasibility Study. Hence the project has increased uncertainty and increased economic and technical risks of failure associated with its development.
Entrée Gold (TSX:ETG.TO) is a Canadian mineral exploration company focused on the worldwide exploration and development of gold and copper prospects. In North America, the Company is exploring for porphyry-related copper systems in Arizona and New Mexico under agreements with Empirical Discovery LLC and now in Nevada through an option agreement with HoneyBadger Exploration Inc. The Company is a large landholder in Mongolia, where it holds three exploration licenses comprising the 179,590 hectare Lookout Hill property. Lookout Hill completely surrounds the 8,500-hectare Oyu Tolgoi project of Ivanhoe Mines, and hosts the Hugo North Extension of the Hugo Dummett copper-gold deposit and the Heruga copper-gold-molybdenum deposit.
Estrella Gold Corp. (TSX:EST.V) Mineral exploration is inherently risky and Estrella increases the chances of success as a "Prospect Generator" focused on gold exploration in Latin America. Estrella identifies and acquires new mineral properties, conducts initial, low-cost exploration to define a potential new deposit and then forms joint ventures with other companies that will provide funding for more advanced exploration. Estrella has several active exploration properties in Perú, with four held in venture agreements.
Franklin Mining, Inc. (OTC:FMNJ) is a publicly traded international exploration and mining company, headquartered in Las Vegas, Nevada, with offices in Santa Cruz, Bolivia. The Company adheres to the highest standards of quality and efficiency by optimizing the Company's resources through a system which places the preservation of the environment among the Company's top objectives. Franklin Mining, Inc. endeavors to find value in fields in which the projects can be explored and exploited while contributing to the socio-economic and cultural development of its society. The Company has developed model mining operations through safe, cost effective and innovative technologies. Franklin Mining Inc. has purposed to uphold a great social commitment and respect for the environment while creating a robust value for its shareholders, employees, and the region within which it operates. .
Kootenay Gold Inc. (TSX:KTN.V) is an emerging exploration Company actively developing mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. The Company's top priority remains the ongoing development of its Promontorio Silver project in Sonora State, northwest Mexico, which encompasses the former producing Promontorio Silver Mine.
Mandalay Resources Corp. (TSX:MND.TO) is a Canadian-based natural resource company with producing and exploration assets in Australia and Chile. The Company is focused on executing a roll-up strategy, creating critical mass by aggregating advanced or in-production gold, copper, silver and antimony projects in Australia and the Americas to generate near-term cash flow and shareholder value.
Minaurum Gold Inc. (TSX:MGG.V) is focused on its projects in the Guerrero Gold Belt, Mexico. Surface work continues at the Vuelcos del Destino, El Pórfido, and Jackie projects.
Orovero Resources Corp. (TSX:OVR.V) is a company focused on gold, copper and silver exploration in Peru. The Company has a very strong portfolio of 100%-owned highly prospective projects, totaling 25,000 hectares, and offering multiple opportunities for a significant discovery. Orovero is a member of the Grosso Group, a management company active in the resource exploration industry since 1993, and working in Peru since 1995.
Panoro Minerals Ltd. (TSX:PML.V) is a Canadian mineral exploration company. Panoro's strategic focus is on exploring for large-potential gold and copper/gold deposits in countries with the corresponding geological potential and where the right political and economic conditions are present.
Primero Mining Corp. (TSX:P.TO) is a Canadian-based precious metals producer and owns 100% of the San Dimas gold-silver mine in Mexico. Primero is focused on delivering superior, sustainable value for all stakeholders with low-risk exposure to gold. The Company intends to become an intermediate gold producer by building a portfolio of high quality, low cost precious metals assets in the Americas.
Silvercrest Mines Inc. ( TSX:SVL.V; NYSE MKT: SVLC ) is a Canadian precious metals producer headquartered in Vancouver, BC. SilverCrest's flagship property is the 100%-owned Santa Elena Mine, located 150 km northeast of Hermosillo, near Banamichi in the State of Sonora, México. The mine is a high-grade, epithermal gold and silver producer, with an estimated life of mine cash cost of US$8 per ounce of silver equivalent (55:1 Ag: Au). SilverCrest anticipates that the 2,500 tonnes per day open pit heap leach facility at the Santa Elena mine should recover approximately 625,000 ounces of silver and 33,000 ounces of gold in 2013. An expansion plan is well underway to nearly double the annual metals production in 2014 at the Santa Elena Mine (open pit and underground). Exploration programs have rapidly advanced the definition of a large polymetallic deposit at the La Joya property in Durango State with stated resources nearing 200 million ounces of Ag equivalent.
Southern Silver Exploration Corp (TSX:SSV.V; Frankfurt: SEG.F) is focused on the exploration and development of quality assets, in significant mineralized trends, close to infrastructure. Its current projects include the copper/gold/silver Minas de Ameca project and the silver/zinc/lead Pinabete project in Mexico, the Dragoon Porphyry project in Arizona and the Oro project in New Mexico.
Tarsis Resources Ltd. (TSX:TCC.V) is an exploration company following the prospect generator business model, with thirteen mineral properties in Yukon, Canada and one in Mexico. The Company acquires projects on attractive terms, adds value and then vends or options out projects to partners for advancement.
Tinka Resources Ltd. ( TSX:TK.V) is a junior resource acquisition and exploration company. Tinka's main focus is on its 100% owned Colquipucro and Ayawilca projects located in the highly mineralized silver-lead-zinc belt of Central Peru.
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