Condor said selling its assets, preferably to a gold producer with mine building expertise, was the best option for the company.

Researchers' findings could provide an efficient way to protect crops grown in polluted areas and remediate mercury-laden waterways, such as those close to gold mining operations.

The miner has made what it calls a "major" greenfield gold discovery on its 100%-owned Tanda-Iguela property in Côte d’Ivoire.