Nyrstar to sell El Mochito mine to Morumbi Resources, enters offtake deal

Nyrstar NV has entered into a share purchase agreement to sell its El Mochito mine in Honduras to Canada-based mining company Morumbi Resources Inc for $500,000 in cash, the company said.

As part of the deal, Nyrstar and Morumbi have also agreed to enter into an off-take agreement in which Morumbi will sell 100% of the El Mochito mine’s zinc and...

Published

Andrea Hotter

September 22, 2016

19:55 GMT

New York