Peñoles has bought back the Silverstream Contract, a series of 12 agreements, from Fresnillo for US$40 million, ending an 18-year Mexican silver pact.
Mexico · Business
Key Facts
—What the Silverstream Contract, defined by Fresnillo as a series of 12 agreements, not 12 mining concessions
—Parties Industrias Peñoles and its majority-owned London-listed unit, Fresnillo plc
—Trigger operational difficulties at Peñoles’ Sabinas mine, flagged on 12 November 2024
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