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Newmont's Strategic Move: Sells Canadian Mine to Discovery Silver for $425 Million

Newmont's Strategic Move: Sells Canadian Mine to Discovery Silver for $425 Million
4 months ago

In a significant shift within the mining landscape, Newmont Corporation has announced its decision to divest one of its key assets in Canada, selling its operational mine located in the country to Discovery Silver Corp. for a substantial sum of $425 million. This strategic move underscores Newmont's commitment to refining its portfolio and focusing on its core growth strategies, particularly in higher-return projects.

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