Aris Mining Plans To Acquire Additional 31% JV Interest In Soto Norte Gold-Copper Project In Colombia
Portfolio Pulse from Benzinga Newsdesk
Aris Mining plans to acquire an additional 31% JV interest in the Soto Norte Gold-Copper Project in Colombia, increasing its controlling interest to 51%. This acquisition will integrate the PSN development team into Aris Mining's management structure, enhancing operational efficiencies and creating synergies.
May 23, 2024 | 11:29 am
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Aris Mining is set to acquire an additional 31% JV interest in the Soto Norte Gold-Copper Project, increasing its controlling stake to 51%. This acquisition is expected to enhance operational efficiencies and create synergies by integrating the PSN development team into Aris Mining's management structure.
The acquisition of an additional 31% JV interest in the Soto Norte project will give Aris Mining a controlling stake of 51%. This strategic move is likely to enhance operational efficiencies and create synergies by integrating the PSN development team into Aris Mining's management structure. Such improvements can positively impact the company's performance and investor sentiment in the short term.
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