Great Panther buys Nyrstar’s Coricancha

Canadian Mining

Junior silver miner Great Panther Silver (TSX: GPR; NYSE: GPL) has acquired Belgian smelting giant Nyrstar’s idled Coricancha gold-silver-lead-zinc-copper mine and mill complex, 90 km east of Lima, Peru.

The 600-tonnes-per-day underground mine, which has been under care and maintenance since 2013, could boost Great Panther’s metal production by 3 million oz. silver eq., or 75%, once back in operation. read more at The Northern Miner

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