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Published on 6 Dec 2024 on Benzinga

Newmont Sells Colorado Mine For $275 Million, Refocuses On Gold, Copper -...


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Newmont Corporation NEM disclosed the sale of its Cripple Creek & Victor operation in Colorado to SSR Mining Inc. for up to $275 million in cash.

As per the terms of the agreement, Newmont will receive up to $275 million in gross proceeds. This includes $100 million in cash, payable at closing.

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