Monday, September 25, 2023

Growth

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Australia’s Evolution Mining to buy Canadian gold mine from Newmont Goldcorp for $375 Million

By Reuters Nov 26 (Reuters) - Australia’s Evolution mining on Tuesday agreed to buy Canadian gold mining complex Red Lake from Newmont Goldcorp Corp for $375 million in cash. Evolution also agreed to pay an additional $100 million upon new resource discovery at the mine. The acquisition will be funded through an A$600 million ($407.16 million) loan facility, the company said in a statement. $1 = 1.4736 Australian dollars Reporting by Shreya Mariam Job in Bengaluru Editing by Chris Reese...
GrowthMining

Mining to grow 10pc

Golden Sibanda recently in Victoria Falls THE Chamber of Mines of Zimbabwe (CoMZ) has projected the mining sector to grow...