American Silver Corp. plans to create a silver-producing
powerhouse with the proposed $1.5-billion acquisition of Mexico-focused Minefinders Corp.
American is offering cash or shares – or both – for fellow
Vancouver-based company Minefinders, owner of the Dolores
silver and gold mine in northern Mexico and the nearby La Bolsa property set to begin production later this
will create a combined company valued at $4-billion and double Pan
American’s silver production to 50 million ounces by 2015, with eight
mines across Latin America.