SilverCrest Metals said it received approval from Mexico’s antitrust regulator, Comisión Federal de Competencia Económica (COFECE), for its acquisition by U.S.-based Coeur Mining. Read the full story here.
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Coeur Mining to acquire SilverCrest Metals
U.S.-based Coeur Mining has entered into a definitive agreement to acquire North American peer SilverCrest Metals, adding the Las Chispas underground mine in Sonora, Mexico, to its portfolio. Under the terms of the agreement, a wholly-owned subsidiary of Coeur will acquire all of the issued and outstanding shares of SilverCrest pursuant to a court-approved plan of arrangement. The transaction is…
Read MoreExpanded Coeur mine hits production milestone
Coeur Mining said its newly expanded Rochester silver-gold mine in Nevada achieved commercial production as of March 31. It is expected to become America’s largest source of domestically produced and refined silver.
Read MoreBQE Water completes Selen-IX pilot
BQE Water has reported the successful completion of on-site pilot demonstration of its patented Selen-IX process at Coeur Mining’s Wharf open-pit mine in the northern Black Hills of South Dakota. The project is now fast-tracked for full-scale implementation later this year. Full story.
Read MoreCoeur to acquire concessions near Palmarejo mine
Coeur Mining subsidiary Coeur Mexicana has signed a purchase agreement with a subsidiary of Fresnillo to acquire mining concessions adjacent to the Palmarejo gold-silver complex in the state of Chihuahua, Mexico, for US$25 million in cash. Full story.
Read MoreCoeur unloads Crown and Sterling assets
The transaction to sell U.S.-based Coeur Mining’s Crown and Sterling holdings in Nevada to a subsidiary of AngloGold Ashanti has closed. Read full article.
Read MoreKrebs appointed NMA board chairman
The National Mining Association (NMA) has elected Coeur Mining’s Mitchell Krebs as the chairman of its board of directors. Read full article.
Read MoreCoeur Mining divests Nevada assets
Coeur Mining has entered into a definitive agreement with a subsidiary of AngloGold Ashanti to sell its Crown and Sterling properties in Nevada for a cash consideration of $150 million.
Read MoreNMA hands out Sentinels of Safety awards
The National Mining Association, the organizers and hosts for MINExpo International 2021, has announced the winners of its annual Sentinels of Safety awards – with 40 mining operations taking home honors this year from the Las Vegas event.
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