Announced
Financials
Tags
Majority
Single Bidder
Acquisition
Pending
Public
Australia
General Mining
Friendly
Cross Border
exploration
Synopsis
Fortuna Silver Mines, a precious metals mining company, agreed to acquire Chesser Resources, an exploration company, exploring for gold and base metals in Turkey, for $60m. “In a short time, Chesser has done a great job advancing Diamba Sud from early-stage exploration to a PEA-stage project with multiple targets yet to be tested. Within the larger and diversified Fortuna portfolio, the advancement of Diamba Sud will benefit from our technical and operational strength and lower cost of capital," Jorge A. Ganoza, Fortuna President & CEO.
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