ARIS MINING COMPLETES ACQUISITION TO INCREASE OWNERSHIP IN SOTO NORTE GOLD-COPPER PROJECT TO 51%
StockNews.AI • 599 days
Low Materiality0/10
Information
VANCOUVER, BC , June 28, 2024 /PRNewswire/ - Aris Mining Corporation (Aris Mining or the Company) (T...
Original sourceAI Summary
- Aris Mining acquires 31% interest in Soto Norte project in Colombia increasing total ownership to 51%. - Aris Mining issued shares to Mubadala, a 49% interest holder in PSN, for the acquisition. - Feasibility Study for Soto Norte project reported 7,200 t/day capacity processing plant and annual 450,000 gold oz production. Price Impact Rating: Bullish Impact Horizon Rating: Long-term Type: Corporate Developments
Market-Moving
- Aris Mining acquires 31% interest in Soto Norte project in Colombia increasing total ownership to 51%.
- Aris Mining issued shares to Mubadala, a 49% interest holder in PSN, for the acquisition.
- Feasibility Study for Soto Norte project reported 7,200 t/day capacity processing plant and annual 450,000 gold oz production.
Key Facts
- Aris Mining acquires 31% interest in Soto Norte project in Colombia increasing total ownership to 51%.
- Aris Mining issued shares to Mubadala, a 49% interest holder in PSN, for the acquisition.
- Feasibility Study for Soto Norte project reported 7,200 t/day capacity processing plant and annual 450,000 gold oz production.