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Aussie major to buy Golden Triangle mine

Newcrest makes offer for Red Chris gold-copper mine in BC North of 60 Mining News – March 15, 2019

Newcrest Mining Ltd. has cut a deal to buy a majority position in Imperial Metals Corp.'s Red Chris copper-gold mine in northern British Columbia, which will be the Australian gold miner's first operation north of the equator.

In a deal announced by the company on March 10, Australia's largest gold producer has agreed to pay Imperial Metals US$806.5 million in cash to acquire a 70 percent stake in...

 

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