Los Santos Mine
Receive project alerts from Los Santos Mine
LOS SANTOS MINE
Latest News
Almonty Appoints Veteran Financial Executive Guillaume Wiesenbach de Lamaziere, CFA as Chief Development Officer
Almonty today announced the appointment of Guillaume Wiesenbach de Lamaziere, CFA as Chief Development Officer to spearhead key corporate development strategy and execution.
Almonty Selected for 2025 TSX30 in Recognition of Growth and Strategic Progress
Almonty Industries today announced that it has been included in the 2025 TSX30, Toronto Stock Exchange’s flagship ranking of the top 30 performing TSX-listed stocks over a three-year period, based on dividend-adjusted share price appreciation.
Almonty Announces Intention to Relocate to the United States
Almonty is pleased to announce that the Company is planning to change its jurisdiction of incorporation from Canada to the State of Delaware while maintaining its listings for now on the Toronto Stock Exchange and the Australian Securities Exchange.
Project History
The Los Santos Mine was acquired by Almonty in September 2011. Located approximately 50 km from Salamanca in western Spain, the Los Santos Mine is an open pit Scheelite skarn deposit that has been in planned care and maintenance since 2020. Almonty has been focused on utilizing its expertise in order to optimize operations, reduce costs and improve the tungsten recovery rate. To date Almonty has achieved an approximate 50% recovery rate of WO3 from its tailings retreatment as a result of continuing tests and trials, a substantial improvement from the 35-40% recovery rate attained in the initial stage of tailings retreatment.
The Company continues to improve and increase its knowledge in the area of tailings reprocessing which further demonstrates Almonty’s commitment to invest in tungsten technologies which is paramount to remaining competitive.
Summary 43-101 Technical Report
| Image | Title | Content | Link |
|---|---|---|---|
 | NI 43-101 Technical Report on the Mineral Resources and Reserves of the Los Santos Mine Project, Spain 2015 | October 31, 2015 | 7.51MB |
Read more »
Underground Mine Potential
Potential high grade underground resource from the bottom of the main Los Santos pit.
15 m crown pillar to remain between open pit and underground development. Underground potential from 985 to 880 m delineated at 0.4% cut-off grade.
Based on the current underground resource a 15,000 tpm operation has been evaluated by management.
Additional 4 year mine life. Exploration drilling results demonstrate that substantial potential exists below delineated resources. Underground development has the potential to materially extend mine life.
Los Santos Photo & Video Galleries
Almonty Industries' Shareholder Center
Welcome to our shareholder center. Here you can find information about your Almonty shareholding, including latest dividends, financial results and reports.
Almonty Live Projects
Trusted and experienced operations in conflict-free regions by diversified tungsten specialists. The company’s focus remains on past producing mines, operations that are on care and maintenance, tailings stockpiles and other situations where near-term production and positive cash flow can be achieved.
