Endeavour Silver pays $250 million for two Mexican properties
Endeavour Silver is paying a quarter-billion dollars for two Mexican mining properties owned by AuRico Gold (TSX:AUQ). Endeavour (TSX:EDR) said yesterday it will spend up to $250 million for AuRico's El Cubo silver-gold mine in Guanajuato state, and the Guadalupe y Calvo silver-gold exploration project in the state of Chihuahua.