Glencore agrees to buy out Pan American to become sole owner of Argentina's MARA gold-copper project

Glencore has agreed to acquire Pan American Silver Corp’s 56.25% stake to become sole owner and operator of the gold-copper MARA project in Argentina, the global trading and mining company announced on Monday July 31.

Completion of the acquisition is expected to take place in the third quarter of 2023. 

“The brownfield MARA project ranks as one of the lowest capital-intensive copper projects in...


Imogen Dudman

July 31, 2023

12:41 GMT