Cerrado acquires gold mine in Argentina

Cerrado acquires gold mine in Argentina

M&A Equity Corporate & Sovereign Strategy Argentina Canada

Canadian mining company Cerrado Gold said on Tuesday that it closed the acquisition of Minera Don Nicolás in Argentina for $47 million, payable over the next five years. The Toronto-based miner paid $15 million to the sellers, Compañía Inversora en Minas (Ciminas) and Compañía Inversora Argentina para la Exportación (Ciapex), upon closing the deal and agreed to make three future payments of $10 million each in two years, four years and five years, it said in a statement. Cerrado also said it cou

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial