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Santacruz Silver Mining Ltd V.SCZ

Alternate Symbol(s):  SCZMF

Santacruz Silver Mining Ltd. is a Canada-based company. It is engaged in the operation, acquisition, exploration and development of mineral properties in Latin America. The Bolivian operations are comprised of the Bolivar, Porco and the Caballo Blanco Group, which consists of the Tres Amigos, Reserva and Colquechaquita mines. The Soracaya exploration project and San Lucas ore sourcing and trading business are also in Bolivia. Bolivar Mine is located in the state of Oruro in Bolivia, and municipality of Antequera. Caballo Blanco mine consists of three separate mines and one process plant operating as one to produce Zinc and Lead concentrates. Porco mine is located in the Porco Municipality of the Antonio Quijarro Province, in the Potosi Department, Bolivia. Zimapan mine consist of 34 mining concessions covering an area of 5,139 hectares, including the prospective 337-hectare Santa Gorgonia one concession. It is seven kilometers from the municipality of Zimapan in Hidalgo State, Mexico.


TSXV:SCZ - Post by User

Post by Blazesbon Oct 13, 2021 3:14pm
350 Views
Post# 34002373

Two Companies,Two Headlines, Two Metals

Two Companies,Two Headlines, Two Metals
There's probably not much in it but these headlines are different and they are no accident.

Yesterday's Santacruz press release:
 
Santacruz to Acquire Glencore's Producing Silver Mines in Bolivia Creating a New Significant Latin American based Silver Producer

And Today's Glencore press release:

Proposed sale of Glencore’s Bolivian zinc assets
Baar, Switzerland
12 October 2021
Glencore today announces that it has reached agreement with Santa Cruz Silver Mining, Ltd (“Santa Cruz”) for it to acquire the holding companies which own Glencore’s Bolivian zinc assets

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