Gold mining news Pilar Gold acquires Laiva Gold Mine in Finland. Gold investing.

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Gold mining news Pilar Gold acquires Laiva Gold Mine in Finland. Gold investing.
Pilar Gold Inc has acquired
Laiva Gold
mine in Finland, a large scale open pit
mining operation with a 6,000 TPD
processing facility
Laiva
acquisition more than doubles
Pilar Gold’s current production capacity
Laiva is state of the art with $300m sunk
capital and €130m tax losses
$23.5 million acquisition through equity
in Pilar Gold and 2.5% royalty on Laiva
production
Clean balance sheet, debt-free