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Newmont to buy AngloGold's Colorado mine for US$820m

Wednesday, June 10, 2015 - 05:50

Toronto

NEWMONT Mining Corp, the largest US gold producer, agreed to buy the Cripple Creek & Victor mine in Colorado from AngloGold Ashanti for US$820 million. Newmont will also pay a 2.5 per cent royalty for gold production from potential future underground ore, it said. Newmont will