Newmont sells gold stream to Lundin for $330m

In:

Metals and Mining

Region:

Americas

Newmont has finalised the sale of a stream credit facility and offtake agreement for the Fruta del Norte gold mine, in Ecuador, to Lundin Gold for $330 million.The agreement forms part of Newmont’s ongoing efforts to monetise noncore assets following its acquisition of Newcrest in...

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