Barrick Gold Opts Out from El Quevar Silver Project Earn-in Pact

Wednesday, 27 March 2024, 11:13

Barrick Gold has made a strategic decision to pull out from the El Quevar silver project in Argentina, opening the door for Golden Minerals to take full control and push for project advancement. This move signifies Barrick's shift in priorities and allows Golden Minerals to accelerate its resource development timeline with newfound independence.

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Barrick Gold Withdraws from Earn-in Pact

Barrick Gold has officially withdrawn from the previously agreed earn-in pact at the El Quevar silver project, impacting the project's development trajectory.

Golden Minerals Takes the Lead

Following Barrick's decision, Golden Minerals now has the opportunity to advance the project independently and make significant progress towards updating its resource estimates.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.