El Yarumo is a gold processing facility in Buenos Aires, Cauca, operated through CREC Material Co S.A.S. GemR Corporation Limited has conditionally agreed to acquire 100% of CREC from Mr Chen Jie Lun; ownership and control have not transferred. Management reports processing gold-bearing feed into saleable concentrate, but GEMR has not independently verified operations, revenue or operational profitability; July 2026 accounts classify income as wholesale trade. Independent engineers inspected the plant on 14 July 2026 and estimated approximately 2.5 t/h sustainable capacity for the operating line and 3.7 t/h combined after rehabilitation of the second line; these are estimates, not guaranteed production. Modernisation is estimated at US$150,000-US$250,000. Processing permissions, RUCOM registration, water and discharge permissions and contractual/mining rights require confirmation or remediation before completion, or express board acceptance with a specific indemnity and remediation plan. Potential future dore production remains subject to testwork, engineering, economic evaluation and permits.
- Country
- Colombia
- Commodity
- Au
- Stage
- Production