Integra Resources secures cash flow with Florida Canyon merger
The new company is to produce 70,000 oz. gold per year from the Florida Canyon gold mine in Nevada.
London-listed gold miner Centamin posted a 39% fall in first-half pretax profit on Thursday, as a drop in its production outweighed an improvement in pricing.
Centamin, which operates the Sukari Gold Mine in Egypt, was assessing strategic options, including possible sale of its non-core asset at Batie West in Burkina Faso, it said, adding that the project no longer aligned with its investment criteria.
(By Shanima A; Editing by Uttaresh.V)
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