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McEwen Mining to Acquire Black Fox From Primero
McEwen Mining has reached an agreement with Primero Mining Corp to purchase its Black Fox Complex near Timmins, Canada. The agreed purchase price is $35 million, subject to closing adjustments. Definitive documentation is expected to be completed before the end of this month. Buying the Black Fox Complex provides fantastic synergies with their recently acquired Timmins deposits, said Rob McEwen, chairman, McEwen Mining. Their objective is to build a long-term production platform with a robust pipeline of production, development and exploration assets, all feeding into a single processing facility.
McEwen Mining to Acquire Black Fox From Primero
McEwen Mining has reached an agreement with Primero Mining Corp to purchase its Black Fox Complex near Timmins, Canada. The agreed purchase price is $35 million, subject to closing adjustments. Definitive documentation is expected to be completed before the end of this month. Buying the Black Fox Complex provides fantastic synergies with their recently acquired Timmins deposits, said Rob McEwen, chairman, McEwen Mining. Their objective is to build a long-term production platform with a robust pipeline of production, development and exploration assets, all feeding into a single processing facility.
McEwen Mining to Acquire Black Fox From Primero
2017
Article (Journal)
English
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