Newcrest makes Pretium bid for BC growth
Offers C$3.5B to buy owner of high-grade Brucejack gold mine North of 60 Mining News - November 9, 2021
Last updated 12/2/2021 at 2:10pm
In a bid to add the Brucejack Mine to its operations in British Columbia's Golden Triangle, Newcrest Mining Ltd. has entered into an agreement to pay roughly C$3.5 billion (US$2.8 billion) to acquire Pretium Resources Inc.
"We are delighted to be expanding our presence in this highly prospective region in British Columbia," said Newcrest Mining CEO Sandeep Biswas. "Brucejack is a tier one mine...