Mineros S.A., a leading gold producer and explorer in the Americas, has completed the acquisition of the remaining 80% stake in the La Pepa gold project. The La Pepa project is located in Chile’s Atacama region. With this US$40 million transaction, Mineros now assumes full ownership and operational control of the project, formally ending its joint venture with Pan American Silver Corp.
The acquisition was first announced in early August and finalized ahead of the September 30, 2025 deadline. Executives described the deal as a pivotal milestone in Mineros’ regional expansion and diversification strategy.
“This transaction, which grants us full ownership of the La Pepa project, represents a transformative step for Mineros,” said David Londoño, President of Mineros S.A. “Alongside our Porvenir Project in Nicaragua, La Pepa strengthens our growth pipeline and positions us to consolidate our transition into a mid-tier gold producer.”
Londoño highlighted that La Pepa not only brings significant gold resources to Mineros’ portfolio but also enhances the company’s footprint in Chile, one of the world’s foremost mining jurisdictions.
Situated in the Maricunga Gold Belt, La Pepa lies about 800 kilometers north of Santiago and 110 kilometers east of Copiapó, at an altitude of 4,200 meters in the Andes. This prolific mining district is internationally recognized for its high mineral potential and has attracted sustained investment from leading global gold producers.
With La Pepa under full ownership, Mineros strengthens its presence in a region central to the future of gold production while advancing its long-term goal of becoming one of Latin America’s key mid-tier mining companies.
Read the original article in Valora Analitik published on sep 22, 2025: Click here.
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