Newmont sells Porcupine operation in Ontario for up to $425M to focus on Tier 1 assets, part of $4.3B total proceeds from ...
Newmont's $425 million sale of its Porcupine mine marks the completion of its non-core asset divestiture, enabling debt ...
as well as the Borden underground mining operation near Chapleau, Ont. Under the deal, Newmont will be paid US$$200 million in cash and US$75 million in shares of Discovery when the deal closes.
The deal was part of several mine sales from Newmont Corp. to reduce debt after acquiring Australia's largest gold producer.
Newmont to sell Ontario's Porcupine operation to Discovery Silver Corp. for up to $425M as part of portfolio streamlining.
Porcupine is the last of the smaller mines Newmont plans to sell in a divestiture program expected to bring in a total of ...
Newmont Corp. has signed a deal to sell its Porcupine operation in Ontario to Discovery Silver Corp. in an agreement worth ...
Discovery Silver is positioning itself as a new Canadian gold producer with an up to $425 million deal to buy Newmont's Porcupine mining operations.
Tony Makuch, who's now with Discovery Silver, returns to familiar stomping grounds following US$425-million deal with Newmont ...
World’s biggest gold miner aims to build multi decade presence in Canadian province anchored by “sustainable and responsible ...
In a report released yesterday, David Hove from Jefferies maintained a Buy rating on Newmont Mining (NEM – Research Report), with a price ...
The Telfer gold mine in Western Australia has celebrated a strong month of production under Greatland Gold’s ownership.