Agnico Eagle takes stake in Finnish explorer to access key asset
Rupert Resources is developing the Pahtavaara gold project, located 50 km from the Canadian company’s Kittila mine.
Rupert Resources is developing the Pahtavaara gold project, located 50 km from the Canadian company’s Kittila mine.
The agreement formally ends a long-running tax dispute, setting a template for negotiations with other firms.
Company expects production to increase to between 680,000-740,000 ounces.
Attributable gold production last year reached 726,000 gold ounces, compared to the 765,000 to 810,000 ounces the company expected.
The Canadian miner will not make a firm offer for Centamin, citing a lack of information received during the due diligence process.
Consolidated gold production totalled 974,615 ounces, up 35% from 2018.
The company also said that it could increase its output by up to 25% this year.
SSR owns approximately 9.0 million common shares in SilverCrest.
In 2014, Buenavista del Cobre accidentally released close to 40,000 cubic meters of wastewater into the Bacanuchi River in Sonora.
The operation is one of the three assets AngloGold Ashanti put on the chopping block in the past year.