Coeur Mining acquires Silvertip mine in Canada for $250 million

“Coeur Mining (NYSE: CDE), the largest US-based primary silver miner, is expanding its portfolio by buying Denham Capitals’ JDS Silver in a deal worth about $250 million.The acquisition gives Coeur a high-grade silver-zinc-lead mine, Silvertip, located in northern British Columbia, Canada. The asset is expected to boost Coeur’s silver-equivalent output by 22% to 54 million ounces this year,” writes Cecilia Jamasmie

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