Glencore to acquire an 18.75% stake in the MARA Project from Newmont and Yamana Gold for $255m.

Glencore International, a mining company, agreed to acquire an 18.75% stake in the MARA Project, a brownfield project, from mining firms Newmont and Yamana Gold, for $255m. "Yamana looks forward to continuing its work with Glencore and the local stakeholders as MARA advances its permitting, engineering, social licensing and field work towards the goal of finalizing the feasibility study and the environmental and social impact assessment, which the Company expects will further increase the Project's value," Yamana Gold.