Newmont buys out Yanacocha partner Buenaventura for $300 million

Newmont (TSX: NGT; NYSE: NEM) is buying out its partner, Compañia de Minas Buenaventura, at the producing Yanacocha gold-silver-copper mine in Peru. The gold miner has offered $300 million up front for Buenaventura’s 43.65% interest, plus up to $100 million...