Pan American Silver (TSE:PAAS) has released an update.
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Pan American Silver has successfully sold its 100% interest in La Arena S.A., which includes a gold mine and a project in Peru, to Zijin Mining Group for $245 million. The deal includes a future royalty and contingent payment, highlighting Pan American’s strategic financial maneuvers. This move aligns with the company’s operational excellence and commitment to sustainability in the Americas.
For further insights into TSE:PAAS stock, check out TipRanks’ Stock Analysis page.
