Energy Today reports 6,484 grams of gold as Trafigura supply deal expands Colombia plan
Energy Today said its La Palmichala mine extracted 6,484 grams of gold in the last 12 months, while QED Connect outlined new Colombia initiatives tied to mining, AI and sustainable agriculture. The companies are positioning the move around a new Trafigura supplier relationship and broader commercial plans in Colombia.
Why it matters: - Energy Today is trying to shift La Palmichala from on-site refining toward a concentrate-sales model that could lower costs, reduce environmental impact and improve margins. - QED Connect is using the Colombia initiative to connect mining, AI-based planning and sustainable agriculture in one commercial framework. - The announcement comes as Colombia begins a new presidential administration that the companies believe could support investment conditions.
What happened: - Energy Today reported that La Palmichala extracted 6,484 grams of gold during its most recent 12 months of operation, with a reported value of more than $545,720. - The company said it has been approved and onboarded as a new supplier to Trafigura for potential sales of gold-bearing concentrate from La Palmichala. - Energy Today also said Bullion Wulff SAS has been approved as a new commercial customer for proposed gold-concentrate sales, subject to final terms and compliance. - QED Connect said it will use Socrates AI in connection with La Palmichala for mine planning, real-asset valuation, operating analysis and decision-making. - QED Connect said GM Sacha Inchi has been selected as the preferred complementary project for reducing and offsetting some environmental impact tied to the La Palmichala effort.
The details: - Energy Today estimated 43,000 ounces of gold in the tunnel area targeted for planned extraction and another 213,000 ounces across the rest of the permit area. - The company said La Palmichala has produced an estimated 650 kilograms of gold since 1970, with an estimated value of more than $89 million. - Energy Today said the mine is currently developed only to Level 5. - The company said a nearby Aris Mining operation, about 15 kilometers away, has reportedly reached Level 45. - Energy Today believes La Palmichala could have conceptual potential for as many as 40 additional underground levels. - The company said those estimates are not proven or probable reserves and have not been validated by a compliant technical study. - Energy Today expects the move to concentrate sales to simplify processing and eliminate selected refining steps at the mine site. - The company said actual savings, environmental benefits and profitability will depend on production performance, concentrate grades, recovery rates, transportation, buyer terms and market prices. - Trafigura was founded in 1993 and operates from more than 50 locations, is active in over 150 countries and employs about 14,500 people, according to the company. - QED Connect said Socrates AI will support scenario analysis for ore extraction, concentrate production, capital requirements and potential project value. - QED Connect said AI-generated analysis will support, not replace, qualified engineering, geological, environmental, financial and legal review. - QED Connect also said it met with the Mayor's Office of Medellín, the University of Antioquia and the Mayor's Office of Envigado about possible Socrates AI pilot projects. - The company said those discussions are aimed at institutional planning, innovation and economic development, but no definitive pilot contract is being announced. - Socrates AI added Dino Luzzi Energy Drink as a client for marketing-strategy development. - QED Connect said it expects to pursue additional clients, though timing and number of future engagements are uncertain. - GM Sacha Inchi is a sacha inchi-based initiative intended to support agricultural value creation and products such as food and oil. - QED Connect plans to buy sacha inchi seeds for use in GM Sacha Inchi-branded products. - The company said the program is meant to create another market for growers and support sustainable agricultural development. - The scope, timing and measurable environmental benefits of the program will be determined through future implementation and assessment. - Energy Today said its supplier status does not guarantee purchase orders, minimum volumes, financing, offtake commitments or future revenue. - Any transactions remain subject to onboarding and compliance requirements, product specifications, assay results, mutually agreed terms and purchase confirmations.
Between the lines: - The new supplier relationship with Trafigura is the clearest commercial signal in the release, but it is still an early-stage step rather than a locked-in sales stream. - The companies are trying to frame Colombia as a platform for cross-sector growth, not just a mining project. - Much of the upside described in the release depends on future studies, commercial execution and local political conditions.
What's next: - Energy Today plans to continue advancing La Palmichala under the concentrate-sales model. - QED Connect plans to keep developing Socrates AI use cases and seek additional clients. - GM Sacha Inchi will move forward only as implementation details, timing and outcomes are defined. - Future transactions with Trafigura and Bullion Wulff SAS will depend on compliance, specs and purchase-by-purchase approvals.
The bottom line: - Energy Today and QED Connect are betting that a mix of gold output, commodity-trading access, AI tools and sustainable agriculture can create a broader Colombia growth story.
Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.
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