It's been confirmed that Santacruz Silver Mining Ltd will continue to lease Zimapan from Industrias Peñoles mine until June 30, 2021. This agreement was reached between Minera Cedros, a subsidiary of Industrias Peñoles, and Carrizal Mining, owned by Santacruz. This extension comes as negotiations for a full transaction for Santacruz to acquire Zimapan continue.
Peñoles extends lease of mine in Mexico to Santacruz Silver
Santacruz Silver Mining Ltd. reported on Tuesday that its wholly owned subsidiary, Carrizal Mining, reached an agreement with Minera Cedros, a wholly owned subsidiary of Industrias Peñoles, to extend the current lease of the Zimapan mine from December 31, 2020 to June ... - via Redacción Opportimes @ opportimes.comRead More »