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Nyrstar Sells Contonga Mine
Nyrstar NV announced it has entered into share purchase agreements to sell its Contonga mine in Peru and various mineral claims located in Quebec, Canada, to subsidiaries of Glencore PLC for a total cash consideration of $26 million. The total cash consideration is made up of $21 million for the Contonga mine and $5 million for the mineral claims. Closing of the transactions are subject to customary closing conditions and are expected to occur in the first half of 2017.
Nyrstar Sells Contonga Mine
Nyrstar NV announced it has entered into share purchase agreements to sell its Contonga mine in Peru and various mineral claims located in Quebec, Canada, to subsidiaries of Glencore PLC for a total cash consideration of $26 million. The total cash consideration is made up of $21 million for the Contonga mine and $5 million for the mineral claims. Closing of the transactions are subject to customary closing conditions and are expected to occur in the first half of 2017.
Nyrstar Sells Contonga Mine
2017
Article (Journal)
English
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