PRECIOUS METALS

SSR to buy Cripple Creek & Victor from Newmont

Newmont sells gold mine, only US asset now JV Nevada Gold Mines

Newmont is often viewed as the US gold mining company. However, with the sale of CC&V, its only US operations will now be the Nevada Gold Mines joint venture with Barrick, in which it is the junior partner.

Nevada sights: Newmont is often viewed as the US gold mining company. However, with the sale of CC&V, its only US operations will now be the Nevada Gold Mines joint venture with Barrick, in which it is the junior partner. | Credits: Joel Protasio/Unsplash.

SSR Mining has agreed to acquire the Cripple Creek & Victor (CC&V) gold mine in, Colorado, US, from Newmont for US$100 million in cash and up to $175 million in additional milestone-based payments. ...

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