New Pacific exploration limited , a subsidiary of New Pacific Investment , is set to acquire private Bolivian mining company Empresa Minera exploration , in a deal worth $ 32 m . The company 's assets include the offshore Sand property , and completion is contingent upon the results of drilling tests carried out by drilling Pacific , as well as regulatory approval .
New Pacific Investment Corporation, a subsidiary of New Pacific Investment, is set to acquire private Bolivian mining company Empresa Minera Alcira, in a deal worth $32m. The acquisition's assets include the Silver Sand property, and completion is contingent upon the results of drilling tests carried out by New Pacific, as well as regulatory approval.