Nasdaq- and TSX-listed silver miner SSR Mining will buy the remaining 25% shareholding in the Puna operation, in Argentina, from TSX-V-listed Golden Arrow Resources for $34-million.
Upon closing of the transaction, SSR will own 100% of Puna – a joint venture that was formed through the combination of SSR’s Pirquitas mine and processing plant with Golden Arrow’s Chinchillas silver/lead/zinc project. Commercial operation was declared in December last year.