trending Market Intelligence /marketintelligence/en/news-insights/trending/nevrynjzlwah7e3lbzulyw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

First Majestic exercises earn-in over Evrim's Ermitaño, Cumobabi properties

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020


First Majestic exercises earn-in over Evrim's Ermitaño, Cumobabi properties

First Majestic Silver Corp. agreed to exercise the option agreements with Evrim Resources Corp. for the Ermitaño gold-silver and Cumobabi copper properties in Sonora, Mexico.

First Majestic completed its 100% earn-in for both properties by paying Evrim US$1.5 million in cash and granting the latter a 2% net smelter royalty for Ermitaño and a 1.5% NSR for Cumobabi, according to a Sept. 10 press release.

The companies also settled arbitration proceedings that First Majestic started in April over the requirements to exercise the Ermitaño option.