Canadian miner Dundee Precious Metals has agreed to purchase UK-based Adriatic Metals for US$1.3 billion, adding the underground Vareš silver operation in Bosnia and Herzegovina to its portfolio. “Vareš is a logical fit with our portfolio, as it significantly increases DPM’s mine life while adding near-term production growth, a highly prospective land package, and cash flow diversification,” said David Rae,…
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Argentinian mining provinces commit to EITI
Multiple provinces in mining-rich Argentina are making good on a 2019 promise to mining transparency by officially committing to the Extractive Industries Transparency Initiative (EITI). EITI, per BNamericas, now includes Catamarca, Salta, San Juan and Santa Cruz in its ranks of more than 50 countries that are already members. Other Latin American members are Colombia, Ecuador, Guatemala, Honduras and Mexico,…
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