PRECIOUS METALS

Lupaka near low after lender requests immediate payment

Embattled Peru-focused Lupaka Gold (TSXV: LPK) has started talks “to resolve the matter” after the long-running blockade at its Invicta gold project put it in default of a prepaid gold purchase agreement, with PLI Huara last week requesting immediate payment of about US$15.6 million.

Staff reporter
 Lupaka is yet to regain access to its Invicta gold project in Peru

Lupaka is yet to regain access to its Invicta gold project in Peru

Lupaka, which had hoped to be Peru's next low-cost gold producer, has had the Invicta project blockaded by the community of Paran since October 2018. It had been aiming to start production late last...

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