International news within the industry of mining and metal, Nov, 24 2017
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Nyrstar completed the sale of Contonga mine

Nyrstar is continuing to progress the divestment of mining assets

Photo: Nyrstar
Photo: Nyrstar
Published by
Peter Höök - 04 Sep 2017

Nyrstar NV announces it has successfully completed the sale of its Contonga mine in Peru to a subsidiary of Glencore plc, a global diversified natural resources company, for a total cash consideration of USD 21 million.

The Transactions are part of the sale process for all or the majority of Nyrstar's mining assets which was formally launched in January 2016 and includes the completed sale of the El Toqui mine in Chile and the announced sale of the El Mochito mine in Honduras. Nyrstar is continuing to progress the divestment of mining assets and will issue further updates in due course.

BMO Capital Markets Limited and Lazard & Co. are acting as financial advisors to Nyrstar in connection with the Transactions.

Hazelton samples. Hazelton -formally Price Creek-, Jaxons flagship project, spans 44,482 ha and is prospective for Eskay Creek and Equity Silver style mineralization. Widespread soil anomalies and surface showings up to 3,397 g-t Ag, 12.7 g-t Au, and 22.29% Zn have been found on this advanced exploration project and a number of features suggest that the property has considerable potential.  Photo: Jaxons Inc.
Hazelton samples. Hazelton -formally Price Creek-, Jaxons flagship project, spans 44,482 ha and is prospective for Eskay Creek and Equity Silver style mineralization. Widespread soil anomalies and surface showings up to 3,397 g-t Ag, 12.7 g-t Au, and 22.29% Zn have been found on this advanced exploration project and a number of features suggest that the property has considerable potential. Photo: Jaxons Inc.

Jaxon starts to drill at Hazelton in Canada

"13 drill holes"

Jaxon Inc. is pleased to announce that it will be commencing its Phase 1, 2,000-metre diamond drilli...