Pan American Announces Divestment of MARA, Morococha, Agua de la Falda and Non-Controlling Equity Interests
Retrieved on:
星期一, 七月 31, 2023
Mining, Minerals, Natural Resources, Argentum, Area studies, Maintenance, Glencore, CMA, Rio Tinto (corporation), Defense, Newmont, Bank statement, Intellectual property, PAAS, NSR, CODELCO, Exploration, Sale, Morococha, Competition, Amistad, Gold, Documentation, Acquisition, Investment, Pan American Silver, Yamana Gold, Project, TSX, Copper, Pan-American, Aluminium, NYSE, Rio Tinto, Airline, Bank, Cryptocurrency, Agua Rica mine, Aluminum Corporation of China Limited, Atacama Desert
This improved balance sheet strength creates enhanced opportunities for the Company, providing increased capital to advance key strategic projects, including the La Colorada Skarn Project."
Key Points:
- This improved balance sheet strength creates enhanced opportunities for the Company, providing increased capital to advance key strategic projects, including the La Colorada Skarn Project."
- Pan American acquired its 56.25% interest in MARA through its acquisition of Yamana Gold Inc. ("Yamana"), which closed on March 31, 2023.
- Pan American expects the transaction to be completed in the third quarter of 2023.
- During the second quarter of 2023, Pan American divested of a number of non-controlling equity investments for a total consideration of US$47.1 million.