Pan American Silver Sells Peruvian Gold Mine to Zijin Mining

Pan American Silver Sells Peruvian Gold Mine to Zijin Mining

May 7, 2024--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Pan American Silver (NYSE:PAAS) (Vancouver, British Columbia) has sold all its interest in the La Arena gold mine and La Arena II project to Jinteng Mining, a subsidiary of Zijin Mining Group (Longyan, China), for US$245 million and a contingent payment of US$50 million, Pan American announced on May 1.

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