Americas Gold and Silver purchases Crescent Mine
The gates to the main property of the Crescent Mine in Big Creek. The mine was recently acquired for $65 million by Americas Gold and Silver who plan to reopen the complex in 2026.
JOSH McDONALD
BIG CREEK – Americas Gold and Silver Corporation has acquired the historic Crescent Silver Mine in Idaho’s Silver Valley, a move the company says will position it as a leading U.S. silver producer and strengthen its role in supplying critical minerals.
The Toronto-based company purchased 100% of the Crescent Mine from Hale Capital Partners for about $65 million, including $20 million in cash and 11.1 million common shares valued at roughly $45 million, said Maxim Kouxenko, manager of investor relations.
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