Cerro de Pasco Resources Sells Santander Mine

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Cerro de Pasco Resources Sells Santander Mine

Cerro de Pasco Resources Inc (TSE:CDPR) has released an update.

Cerro de Pasco Resources Inc. has strategically sold its Santander Mine in Peru to investment firm FIC03, enabling the company to focus on reducing corporate debt. The deal includes a cash payment and potential future earnings, streamlining CDPR’s financial obligations and bolstering FIC03’s expansion into large-scale mining amidst rising mineral demand.

For further insights into TSE:CDPR stock, check out TipRanks’ Stock Analysis page.

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