28th Nov 2024 12:11
Orosur Mining Inc - South America-focused minerals explorer and developer - Completes its acquisition of Minera Monte Aguila SAS, meaning it now has 100% ownership of the Anza gold project in Colombia, with no upfront payments. MMA had been a 50-50 joint venture between Newmont Corp and Agnico Eagle Mines Ltd. Chief Executive Officer Brad George says: "It is pleasing to finally be back in charge of our destiny. And with drilling already well underway, we are looking forward to a period of enhanced newsflow." Orosur Mining expects the first results "soon" from drilling at its Pepas prospect at Anza.
Current stock price: 4.70 pence, up 15% in London on Thursday afternoon
12-month change: up 62%
By Emily Parsons, Alliance News reporter
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