Bluestone Resources
Bluestone Resources Employees
4 people indexed:
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Nadia Carotenuto
Vice President Human Resources & Organizational Development
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Peter Hemstead
President, Chief Executive Officer, and Board Chair
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Bluestone Resources' History
Bluestone Resources was founded in 2017 following the acquisition of the Cerro Blanco gold and Mita Geothermal projects. This strategic purchase marked the beginning of the company's journey in the mining and renewable energy sectors. By acquiring these assets, Bluestone Resources positioned itself as a leader in both high-grade gold extraction and renewable energy production, leveraging its advanced-stage projects to drive growth and sustainability.
Bluestone Resources' Cerro Blanco Gold Project
The Cerro Blanco Gold Project is a cornerstone of Bluestone Resources' operations. This near-surface, high-grade gold deposit boasts a total of 3.1 million ounces (Moz) of measured and indicated (M&I) gold. The project’s feasibility study demonstrates the potential to produce over 300,000 ounces (koz) of gold per year at first quartile cash costs over an initial 14-year mine life. This high productivity and cost-efficiency make Cerro Blanco one of the most promising gold mining projects globally, aligning with Bluestone's strategic goals of maximizing resource utilization while maintaining economic viability.
Bluestone Resources' Mita Geothermal Project
The Mita Geothermal Project represents Bluestone Resources' foray into renewable energy. This advanced-stage project is licensed to produce up to 50 megawatts of power and is located just 8 kilometers from the national power grid, ensuring efficient energy distribution. The project features 18 geothermal wells, highlighting its readiness for large-scale energy production. By investing in geothermal energy, Bluestone Resources underscores its commitment to sustainable practices and diversifying its energy portfolio to include eco-friendly sources.
Bluestone Resources' Commitment to Sustainability
Sustainability is at the core of Bluestone Resources' operations. The company is dedicated to responsible mining practices that prioritize environmental stewardship and community investment. This commitment is evident in their rigorous environmental management plans and proactive engagement with local communities to ensure that their projects bring long-term benefits. By focusing on sustainable development, Bluestone Resources aims to minimize its ecological footprint while fostering economic growth and social well-being in the regions where it operates.
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