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Fresnillo to acquire Probe Gold for C$780M

Company makes strategic move into Canada

Isabeau van Halm and Paul Harris
Fresnillo's Herradura open pit gold mine in Mexico.

Fresnillo's Herradura open pit gold mine in Mexico. | Credits: Fresnillo

Fresnillo announced it has entered into a definitive arrangement agreement to acquire Probe Gold for C$780 million (around US$560 million). The offer is all-cash for C$3.65/share, representing a 24%...

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