Newmont Mining has been making all the right moves to combat the prevailing subdued gold pricing environment. The company recently completed the sale of its equity interest in the Valcambi gold refinery in Switzerland for $119 million. The proceeds of the equity stake sale will be partially used to pay down the company’s debt. These moves are a part of the company’s efforts to adapt to an environment of low gold prices.
from http://ift.tt/1JJC47k
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