Denver-based gold company sells Canadian mine for $425 million
The deal was part of several mine sales from Newmont Corp. to reduce debt after acquiring Australia's largest gold producer.
Discovery Silver to Buy Newmont Mining Asset in Canada for Up to $425 Million
Discovery Silver is positioning itself as a new Canadian gold producer with an up to $425 million deal to buy Newmont's Porcupine mining operations.
Discovery Silver to acquire Newmont's gold mining operations at Porcupine for $425M
Gold miner Discovery Silver said on Monday it would acquire its peer Newmont's stake in Porcupine Operations in Ontario, Canada, for $425 million.