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Petaquilla Minerals Ltd.

Petaquilla Minerals is a gold producer that operates its wholly owned Molejon gold mine in Panama and owns exploration and development stage projects in Spain and Portugal. The Molejon mine commenced commercial production in January 2010 and has production capacity of approximately 3,500 tonnes per day. Petaquilla’s 842 square kilometre concession area is located in the Donoso District, Colon Province of Panama, 130 kilometres west of the Panama City. The Molejon mine is adjacent to First Quantum Minerals’ world-class $6.2 billion Capex Cobre Panama copper project, which is being developed by Minera Panama, S.A. (MPSA).
 
The Lomero-Poyatos Project is a polymetallic deposit located near Huelva in the Andalusia autonomous community of Spain in the prolific Iberian Pyrite Belt, which extends from southwestern Spain into Portugal. Lomero-Poyatos is fully permitted, with bulk sampling expected to begin in FY 2014. The company’s Portuguese gold projects, Banjas and Jales-Gralheira, are former producing mines located near the Oporto region.
 
Panama Development of Infrastructures, S.A. (PDI) is the wholly owned infrastructure, mining services and construction subsidiary of Petaquilla Minerals. PDI is well positioned in Panama’s infrastructure and emerging mining services sector, particularly the Cobre Panama copper project and Panamanian civil projects. PDI is currently engaged in aggregate mining and sales to MPSA with a minimum of US$75 million and up to US$100 million over three years. The company plans to spin out PDI to Petaquilla shareholders with plans to go public 12 months after the spin out.


Contact Us

Suite 1230, 777 Hornby Street
Vancouver, BC Canada
V6Z 1S4, Canada

Telephone: +(604) 694-0021
Facsimile: +(604) 694-0063
Toll Free: (1)(877) 694-0021
Email: info@petaquilla.com