M&A

Golden Arrow shareholders in favour of sale of Puna stake

Golden Arrow Resources (TSXV: GRG) shareholders this week voted in favour “by a sweeping majority” of selling the company’s 25% stake in the Puna operations in Argentina to 75% owner SSR Mining (TSX: SSRM).

Staff reporter
 The Pirquitas plant at the Puna operations in Argentina, where SSR is set to own 100%

The Pirquitas plant at the Puna operations in Argentina, where SSR is set to own 100%

SSR had offered US$34 million for the stake in July to simplify management and increase its expected silver production profile for 2019 to 6.5 million ounces, with the precious metal price up about 17%...

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