Endeavour Mining posts 34% output rise in fourth quarter
Higher grades and throughput after the end of the regional wet season helped gold production increase to 363,000 oz.
Golden Minerals Co said it will buy Canada’s ECU Silver Mining in a reverse merger for about C$302.5 million ($309.1 million) in stock and cash, to form a new silver mining company focused on Mexico and Argentina.
Under the terms of the deal, ECU shareholders will get 0.05 common shares of Golden Minerals and about $0.000394 in cash for each share they hold.
