Mineros S.A., a leading Latin American gold producer, has completed the acquisition of the remaining 80 percent interest in the La Pepa Project from Pan American Silver Corp. for approximately US$40 million. This transaction secures Mineros 100 percent ownership of the advanced gold exploration project, which is located in the Maricunga Gold Belt of Chile’s Atacama Region, about 800 km north of Santiago and 110 km east of Copiapó, at an elevation of 4,200 metres in the Andes. The acquisition terminates the prior joint venture with Pan American and grants Mineros full control over the project's development.

The company, headquartered in Medellin, Colombia, operates mines in Colombia and Nicaragua and maintains a diversified pipeline of development and exploration projects throughout Latin America.