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Gold miner Newmont agrees to buy Colorado mine from AngloGold
June 8, 2015 / 8:33 PM / 2 years ago

Gold miner Newmont agrees to buy Colorado mine from AngloGold

June 8 (Reuters) - Newmont Mining Corp said on Monday it has agreed to buy the Cripple Creek & Victor gold mine in Colorado from AngloGold Ashanti Ltd for $820 million plus a net smelter royalty.

U.S.-based Newmont simultaneously announced it will issue 29 million shares in a public offering to help it fund the purchase. (Reporting by Nicole Mordant in Vancouver; Editing by Chris Reese)

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