Global miner Newmont Corp. has completed the previously disclosed sales of the Musselwhite and Éléonore operations in Canada and the Cripple Creek & Victor operation in the United States, as part of a divestment plan of non-core assets. Orla Mining purchased the Musselwhite gold mine in Ontario for an upfront cash consideration of $810 million and gold-price linked contingent consideration…
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Newmont sells Colorado operation to SSR Mining
Newmont has agreed to sell its Cripple Creek & Victor operation in Colorado to SSR Mining for up to $275 million in cash consideration. The mine is expected to add 170,000 ounces in annual gold production to SSR’s platform. “The acquisition of the Cripple Creek & Victor Gold mine represents a rare opportunity to add a high-quality producing asset in…
Read MoreSeabee to restart operations in October
SSR Mining said that its Seabee gold operations in northern Saskatchewan, Canada, will restart in the second half of October after forest fires caused an evacuation of the site on August 21.
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