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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
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
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