Nativo Resources Plc (LSE:NTVO) has completed the purchase of the remaining 50% stake in its Peruvian joint venture, Boku Resources SAC, taking full ownership of the company. The move is aimed at consolidating operations and sharpening the company’s focus on gold production in Peru, with particular attention to the Bonanza and Morrocota mines.
In preparation for restarting production, Nativo will collaborate with Inveritas Global Holdings Ingenieria S.A. to conduct field surveys and sampling programs. The acquisition is expected to improve operational efficiency and reinforce Nativo’s competitive standing within Peru’s gold mining industry.
About Nativo Resources Plc
Nativo Resources Plc is dedicated to gold exploration, mining, and processing in Peru. Its portfolio includes multiple acquired and optioned projects, with an emphasis on developing the Tesoro Gold Concession, which hosts the Bonanza and Morrocota mines. The company’s activities cover primary gold extraction, gold ore processing, and recovery from tailings. In addition to expanding its mining operations, Nativo allocates part of its free cash flow and future capital raises to acquiring Bitcoin, which it holds as a long-term treasury reserve asset.
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