Announced
Financials
Tags
Canada
Majority
Pending
Public
Friendly
Diversified Materials
Acquisition
Single Bidder
mineral resources
Domestic
Synopsis
Dundee Precious Metals, a Canadian-based international mining company, agreed to acquire the remaining 76.5% stake in INV Metals, a mineral resource company, for $86m. “This transaction leverages our proven strengths as an environmentally and socially responsible mining company, and we look forward to engaging with all national and local stakeholders. Loma Larga adds a high-quality, advanced stage gold project to our portfolio that has the potential to generate meaningful production growth and significant value for our stakeholders," David Rae, Dundee Precious Metals President and CEO.
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