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Fortuna Mining sells San Jose mine to a Peruvian firm for $6.5M, with potential for more.
Fortuna Mining Corp. has sold its San Jose mine in Oaxaca, Mexico, to a Peruvian company for $6.5 million, with potential for an additional $8.3 million based on certain conditions.
Fortuna retains a royalty on future production from the mine.
The sale aligns with Fortuna's strategy to focus on core operations, as the San Jose mine had been on care and maintenance due to high costs and depleted reserves.
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Fortuna Mining vende la mina San José a una firma peruana por $6.5M, con potencial para más.