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Precious metals miner Endeavour Silver has agreed to acquire Minera Kolpa in a $145-million cash-and-stock deal as the Canadian miner expands its footprint in Peru, one of the world's top ...

Endeavour Silver struck a $145 million deal to buy its third producing mine, its first foray into Peru and a big step toward its goal of becoming a major silver miner.

Endeavour Silver will expand into Peru by purchasing Minera Kolpa and its Huachocolpa Uno in Huancavelica for US$145 million.