Newmont Mining Corp. has closed the sale of its Midas operation in Nevada to Klondex Mines Ltd. (TSX: KDX) for more than $83 million.
Newmont (NYSE: NEM) announced in early December its plan to sell its Midas underground mining operation and mill complex in December in a move that a company executive said is aimed at "optimizing our portfolio."
Tuesday, that executive, Randy Engel, Newmont's executive vice president of strategic development, said in a statement that, "This transaction demonstrates…
Newmont Mining Corp. has closed the sale of its Midas operation in Nevada to Klondex Mines Ltd. (TSX: KDX) for more than $83 million.
Newmont (NYSE: NEM) announced in early December its plan to sell its Midas underground mining operation and mill complex in December in a move that a company executive said is aimed at "optimizing our portfolio."
Tuesday, that executive, Randy Engel, Newmont's executive vice president of strategic development, said in a statement that, "This transaction demonstrates…