Santa Cruz Silver Mining to acquire Bolivian zinc mining assets from Glencore for $110m.

Santa Cruz Silver Mining, a Mexican focused silver company, agreed to acquire Sinchi Wayra and Illapa from Glencore, an Anglo-Swiss multinational commodity trading and mining company, for $110m. Completion of the sale is conditional on, without limitation, receipt of certain regulatory approvals in Canada and is expected to occur within the next three months since announcement.