Quantcast
Channel: Cathy Proctor RSS Feed
Viewing all articles
Browse latest Browse all 1599

Newmont seals deal for Colorado mine

$
0
0
Newmont Mining Corp. said Monday it’s finalized its purchase of the storied Cripple Creek & Victor gold mine from AngloGold Ashanti Ltd for $820 million. The deal, announced in June, also includes a 2.5 percent royalty rate for AngloGold on any gold Newmont (NYSE: NEM) mines in the future from a proposed underground operation at the mine. Newmont is based in Greenwood Village. The Cripple Creek & Victor mine is the source of the 72 ounces of gold used to re-gild the dome of Colorado’s capitol…

Viewing all articles
Browse latest Browse all 1599

Trending Articles