Mar 23, 2019
Newcrest Mining has big plans for Red Chris
Newcrest Mining has big plans for Red Chris
Imperial Metals (III.TO) has been able to avoid financial hardship by selling a 70% stake in the Red Chris copper-gold mine in British Columbia to Newcrest Mining (ASX:NCM)a major gold and copper producer with its main operations in Australia. From Imperial’s side, this transaction was absolutely necessary to secure and protect its future as the US$807M will help the company to erase its net…
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