Mineros charts Argentina, Chile strategy
Home / Daily Briefs / 2018 / 29 / Mineros charts Argentina, Chile strategy Mineros charts Argentina, Chile strategy Mineros charts Argentina, Chile strategy October 29, 2018 | Mario Marroquin Canadian and Colombian gold miners trade stakes at the Gualcamayo project Canada's Yamana Gold and Colombian mining firm Mineros have agreed to trade a 100% stake at the Argentinian mine at Gualcamayo. Yamana also agreed to grant Mineros an option to buy a 51% stake in the La Pepa gold mining project in Chile. According to a company statement, the terms of the transaction for control of the Gualcamayo mine include a $30m payment due at closing, with an additional $30m in cash upon production of the deep carbonates project below the oxide gold mineralization in Gualcam
Already have an account?Email Password Remember me on this computer Forgot your password?
Take a free two-week trial now for the latest news, data and market analysis.Free Trial
Daily Brief Trial
Gain access to the latest news and deal analysis in Latin America and the Caribbean.Start free trialSource: Google News Argentina | Netizen 24 Argentina