Calibre Mining completed the acquisition of Marathon Gold for $250m.

Calibre Mining, a mining company, completed the acquisition of Marathon Gold, a gold company, for $250m. “The combination with Marathon perfectly aligns with Calibre's commitment to building a diversified mid-tier gold producer, focused on quality assets with strong re-rate potential for all shareholders. This transformative merger creates a projected 500k oz gold producer and offers our shareholders diversification and exposure to high-quality, long-life production in a tier-1 jurisdiction,” Blayne Johnson, Calibre Mining Chairman.