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Newmont Offloads Porcupine Mine For ~$425 Million As Part Of Asset Divestiture Strategy
Newmont Corporation (NYSE:NEM) plans to sell its Porcupine operation in Ontario, Canada, to Discovery Silver Corp. (OTC
SVSF) for up to $425 million.
The agreement includes $200 million in cash to be paid at closing, $75 million in equity through Discovery Silver shares to be issued upon closing and an additional $150 million in deferred cash consideration.
This strategic move is part of Newmontâs...
>>> Read more: Newmont Offloads Porcupine Mine For ~$425 Million As Part Of Asset Divestiture Strategy
Newmont Corporation (NYSE:NEM) plans to sell its Porcupine operation in Ontario, Canada, to Discovery Silver Corp. (OTC
SVSF) for up to $425 million.The agreement includes $200 million in cash to be paid at closing, $75 million in equity through Discovery Silver shares to be issued upon closing and an additional $150 million in deferred cash consideration.
This strategic move is part of Newmontâs...
>>> Read more: Newmont Offloads Porcupine Mine For ~$425 Million As Part Of Asset Divestiture Strategy
