Yamana will remain the Mara joint venture operator with a 56.25 per cent interest, while Glencore will own the remaining 43.75 per cent once the deal is complete.
Under the terms of the agreement, Glencore will pay Newmont
The total deferred consideration is capped at
The Mara project is a brownfield project in the Catamarca province of
Yamana says it looks forward to continuing its work with Glencore and the local stakeholders as the project advances its permitting, engineering, social licensing and field work.
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