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Trevali on target with African asset acquisitions as zinc output rises

Creamer Media Deputy Editor: North America
Trevali Mining's addition of two new African mines paid off in the zinc producer's pro-forma second-quarter results, which showed that 63% of the company's zinc-equivalent payable pounds were contributed from Rosh Pinah (Namibia) and Perkoa (Burkina Faso). Trevali is acquiring both assets from Glencore under definitive agreements announced in March, and with an effective date of April 1. However, finalising the new $190-million debt facility and regulatory items will extend the closing of the acquisitions to August 31.

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