Sunday, February 25, 2018

Australia's Newcrest buys stake in Canada's Lundin Gold for $250 million - Reuters


The Australian Financial Review

Australia's Newcrest buys stake in Canada's Lundin Gold for $250 million
Reuters
Newcrest said it would pay C$5.50 ($4.35) per Lundin Gold share and would be entitled to appoint two directors to Lundin's board. Newcrest, which has reported flat production in recent years, needs new projects to grow, especially as its Indonesian ...
Lundin Gold Announces Us$400 Million Private PlacementGlobeNewswire (press release)
Newcrest Mining move on Lundin Gold a 'surprise'The Australian Financial Review

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