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Leagold acquires Los Filos Gold Mine from Goldcorp
Leagold Mining, a Canadian company headquartered in Vancouver, British Columbia, has acquired the Los Filos gold mine in Guerrero state, Mexico from Goldcorp for $350 million. Los Filos operations include two open pits (Los Filos and Bermejal), an underground mine at Los Filos, and the opportunity to develop a new underground mine at Bermejal as an expansion project. During 2016, Los Filos produced 231,000 oz of gold at an all-in sustaining cost (AISC) of $878/oz. The purchase price for Los Filos consisted of $279 million in cash and $71 million in Leagold common shares. The transaction was announced on Jan 12, 2017 and closed on April 7.
Leagold acquires Los Filos Gold Mine from Goldcorp
Leagold Mining, a Canadian company headquartered in Vancouver, British Columbia, has acquired the Los Filos gold mine in Guerrero state, Mexico from Goldcorp for $350 million. Los Filos operations include two open pits (Los Filos and Bermejal), an underground mine at Los Filos, and the opportunity to develop a new underground mine at Bermejal as an expansion project. During 2016, Los Filos produced 231,000 oz of gold at an all-in sustaining cost (AISC) of $878/oz. The purchase price for Los Filos consisted of $279 million in cash and $71 million in Leagold common shares. The transaction was announced on Jan 12, 2017 and closed on April 7.
Leagold acquires Los Filos Gold Mine from Goldcorp
2017
Article (Journal)
English
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