Hochschild Mining Buys Cerrado's Monte Do Carmo Gold Project in Brazil

By MarketWatch | Oct 30, 2024 at 03:52 AM EST

Hochschild Mining's subsidiary will acquire Cerrado Gold's Monte Do Carmo Project in Brazil for up to $60 million. The deal includes an initial payment of $30 million and additional payments based on project milestones, with the acquisition set to close on Nov.

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