Newmont sells Éléonore mine in Quebec for $795m
The miner said the deal and other 2024 sales will raise $3.6 billion.
Newcrest Mining today announced the sale of its 7.5% stake in Indonesia’s Gosowong gold mine to PT Antam for USD 160 million.
Antam will pay Newcrest a further USD 30 million, subject to an additional one million ounces of gold being defined at the site by December 2017.
The agreement remains subject to regulatory approvals in Indonesia.
Source Nine MSN via BrightWire News