In Guatemala, Bluestone Resources INC., which recently acquired the Cerro Blanco Gold and Mita Geothermal Project, reports that flow testing of the geothermal wells is currently underway. To date, the Mita site has 19 drilled wells, with investment totalling USD 60 million. Bluestone envisions a staged approach, where phase 1 would include power produced for the nearby mine, with some sold into the privatised national grid, whilst a larger development could be undertaken during a potential second phase.
Meanwhile, the Geothermal Council of Chile presented concrete policy proposals to promote geothermal power generation at a workshop on geothermal energy. The event was sponsored by the Mexican Government and held at the Inter-American Development Bank. “Without doubt”, said Ms. Michelle Ramirez, Director of Geothermal at the Mexican Secretariat of Energy, “this is the beginning of a new stage for geothermal energy development in Mexico”.