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
Last updated 9/25/2020 at 2:19pm
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...