M&A

Mineros sells Gualcamayo after five years

Colombia’s Mineros has agreed to sell its Gualcamayo gold mine in San Juan Argentina for US$4 million to Eris, a sum advanced by the purchaser to fund ongoing operations and secure exclusivity during the negotiations.

Gualcamayoin San Juan, Argentina

Gualcamayoin San Juan, Argentina

Eris will also make the $30 million contingent payment payable to Pan American Silver should the Deep Carbonates Project ever be put into production. Mineros acquired the mine for $30 million from Yamana...

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