Proceeds of the deal with two banks will be used to pay down short-term debt, the miner says.
Companies issue corporate updates relating to gold, copper and cobalt assets in Peru, Ecuador and Chile.
Pursuant to the integration agreement, the three miners will develop the project in Argentina using infrastructure from the Alumbrera copper-gold mine.
Mexico's mining undersecretary urged miners to accept public consultations and meet their community, safety, tax and environmental duties, while pledging to support investment through simpler permitting and a stable fiscal regime.
Having faced challenges last year to bring the Diluvio deposit into production, Premier Gold this year expects lower costs and stable operations at its Mercedes mine.