Global gold-miner Newmont Mining Corp. said Monday that it has secured rights to explore and develop gold in a “highly prospective” area of northwest Canada’s Yukon Territory.
Greenwood Village-based Newmont (NYSE: NEM) said it secured the rights via a private placement investment with Vancouver’s Goldstrike Resources Ltd.
Goldstrike said Newmont bought about $4.5 million worth of its stock, and the firm agreement— including Newmont paying for exploration costs — will total about $10.9…
Global gold-miner Newmont Mining Corp. said Monday that it has secured rights to explore and develop gold in a “highly prospective” area of northwest Canada’s Yukon Territory.
Greenwood Village-based Newmont (NYSE: NEM) said it secured the rights via a private placement investment with Vancouver’s Goldstrike Resources Ltd.
Goldstrike said Newmont bought about $4.5 million worth of its stock, and the firm agreement— including Newmont paying for exploration costs — will total about $10.9…