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First Majestic to acquire SilverCrest

Two weeks after announcing record production from its Santa Elena silver mine in Mexico, SilverCrest Mines has become the subject of a friendly acquisition from one of its peers.

First Majestic Silver agreed to pay C$154 million (US$118 million), mostly in shares, for the company, as it sought to acquire an open-pit heap leach mine hitting some form based in its preferred

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