El Salvador president proposes bill to overturn metals mining ban
In 2017, El Salvador became the first country in the world to ban forms of metals mining.
Silver Lake Resources Ltd made a revised offer on Thursday to buy St Barbara Ltd’s Leonara assets in Western Australia for A$707 million ($479.56 million), allowing the latter to secure a 7.5% stake in the gold miner.
St Barbara said earlier this month it would continue to back a bid of A$600 million from Genesis Minerals Ltd for Leonara assets.
($1 = 1.4743 Australian dollars)
(By Archishma Iyer; Editing by Sherry Jacob-Phillips)
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