Acquisition of Golden Queen Mining LLC aligns with Andean's focus on diversification in the Americas, value creation and achieving mid-tier producer status Attractive deal structure preserves Andean's strong cash position and provides the Company with the flexibility to act on future growth opportunities
Andean Precious Metals Corp. is pleased to announce that, late Friday November 24, 2023, through its wholly-owned subsidiary Soledad Holdings, Inc., Andean signed and closed a transaction to acquire a 100% interest in Golden Queen Mining Company, LLC from Auvergne Umbrella LLC . Golden Queen operates the Soledad Mountain mine and heap leach operation located in Kern County, Southern California. Since its commercial start-up in mid-2016, Soledad Mountain has produced more than...