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Fresnillo to acquire Probe Gold for CAD$780 million in all-cash deal

Investing.com•Friday, October 31, 2025 at 7:18:21 AM
PositiveFinancial Markets
Fresnillo to acquire Probe Gold for CAD$780 million in all-cash deal
Fresnillo has announced its acquisition of Probe Gold for CAD$780 million in an all-cash deal, marking a significant move in the mining sector. This acquisition is expected to enhance Fresnillo's portfolio and strengthen its position in the gold market, which is crucial for investors looking for stability and growth in their investments. The deal reflects Fresnillo's commitment to expanding its operations and tapping into new resources, which could lead to increased production and profitability in the future.
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