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Newmont sells NZ gold mine for $106 million

Andrew Topf | May 03, 2015 | 2:33 pm Precious Metals Asia Australia Gold 

Newmont Mining (NYSE:NEM) has sold its only mine in New Zealand, the Waihi gold mine, to OceanaGold (TSX, ASX:OGC), the companies announced last Thursday. Under the deal, the Melbourne-based miner will pay the U.S. gold major US$101 million plus a $5 million...

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