Pan American Silver to buy MAG Silver in $2.1 billion deal

Pan American Silver has entered into a definitive agreement to acquire all of the issued and outstanding common shares of fellow Canadian miner MAG Silver for $2.1 billion.  MAG is a tier-one primary silver mining company through its 44% joint venture interest in the Juanicipio mine in Zacatecas, Mexico, operated by Fresnillo, who holds the remaining 56% interest. “Our acquisition…

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