Patagonia Gold has signed an investment agreement with Black River Mine, under which the latter will provide up to $40m (£30.21m) to support the development of the company’s Calcatreu gold project in Rio Negro, Argentina. Black River Mine is a newly formed entity led by Argentine businessman Carlos J Miguens, a shareholder in Patagonia Gold, and comprises a consortium of investors.
April 15, 2025
SOURCE: MINING TECHNOLOGY
Patagonia Gold signs $40m investment deal for Argentina project