Coeur announces agreement to acquire concessions near the palmarejo mine from fresnillo

Chicago--(business wire)--coeur mining, inc. (“coeur” or the “company”) (nyse: cde) today announced that its subsidiary, coeur mexicana, s.a. de c.v., has signed a purchase agreement with a subsidiary of fresnillo plc (“fresnillo”) to acquire mining concessions adjacent to the palmarejo gold-silver complex located in the state of chihuahua, mexico. total consideration includes a cash payment of approximately $25 million ($10 million due at closing, which is expected to occur sometime in 2024) a.
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