Feb 2016 | STRACON GyM sponsors the PDAC 2016

Ago 2015 | San Ramon Project start construction

Red Eagle Mining, has begun the construction of the San Ramon gold project in the department of Antioquia, Colombia. Construction will take place over 12 months and will accommodate the start of mining operations scheduled for H2 2016.

Local contractors have started initial surface earthworks and are responsible for the construction of a flotation/carbon-in-leach processing plant and upgrading of the 8km access road. Underground development and mining operations will be provided by STRACON GyM.

The San Ramon mine, with a CAPEX of US$74M, will have a capacity of 1,000 t/d and will produce 50,000oz/yr for the current eight year mine life.

Jun 2015 | STRACON GyM winner ofthe "Mapfre Safety Excellence Award"

STRACON GyM has been awarded the Mapfre “Safety Excellence Award 2014", which recognizes organizations that have achieved a high level of Health and Safety performance in the work place.

We received the highest accolade for our ongoing commitment to the reduction and prevention of risks in our operations, also collecting the "Golden Clover" award for maintaining high safety standards.

At the awards ceremony, which took place on June 10th 2015 at the Country Club Lima Hotel, STRACON GyM’s excellent safety statics led the mining category, which reflects our effective risk mitigation and controls at project level.

At STRACON GyM we are fully committed to protect the well-being of all our employees and stake holders, while always complying with our strict, occupational health safety and environmental management policies.

Jul 2015 | STRACON GyM announces awarding of new contract in Colombia

STRACON GyM is pleased to announce that it has reached an agreement with Red Eagle Mining Corporation for the development and operation of the gold mine "San Ramon", located in the Antioquia Batholith near the town of Santa Rosa de Osos, 70 kilometers north of Medellin, Colombia.

STRACON GyM has been awarded the service contract for an amount of US$ 155 million to develop and operate for a period of eight years the San Ramon mine. In addition, as part of the agreement, STRACON GyM has acquired shares from Red Eagle Mining Corporation for an amount of US$ 3.5 million, and after signing the contract, a new purchase of shares for the same amount will make STRACON GyM a minority stakeholder with 19.94%.

San Ramon project will produce 50,000 thousand ounces of gold annually though a 360,000TPY plant capacity during the lifetime of the project and plans to start such operations in 2016.

"STRACON GyM is committed to providing these services with the highest safety, quality and compliance standards while respecting the environment, communities and unifying efforts with Red Eagle Mining Corporation to develop the San Ramon project."

May 2015 | Stephen Dixon new CEO of STRACON GyM

Steve Dixon
The first quarter of 2015 brings new challenges for STRACON GyM. The 2015 strategic plan consolidates a strong vision and mission based on our corporate values, Compliance, Quality, Reliability, Efficiency and Safety, whose purpose is focused on positioning ourselves as the most reliable mining services and mass earthworks company in Latin-America.

In view of our growth, in early March, STRACON GyM with the Graña y Montero Group Board, named Mr. Stephen Dixon as the new CEO of our company.

Steve Dixon has occupied the position of Chief Executive Officer of Operations since 2001 in STRACON S.A.C and later in STRACON GyM. Following the merger with GyM, he led the organization in conjunction with the General Manager Mr. Octavio Cabrera, who has now been designated as Javier Prado´s project manager for the Graña y Montero group.

Steve will continue to be responsible for the department’s heads of Operations, Administration and Finance, Safety, Equipment and Logistics, Continuous Improvement, Commercial, Technical, Human Resources Management, having the responsibility to continue the business development.

In STRACON GyM we are convinced that this new structure will ensure greater efficiency, coordination and synergy between all our organizational areas.