The exit, which had been agreed with Kinross, earned Newmont US$218 million with the shares going to a syndicate of brokers and investors.
Newmont has been left with a residual 4.9% stake in Kinross.
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NEWMONT Mining said it had sold 28 million of the 43.2 million shares it holds in Canada’s Kinross Gold.
The exit, which had been agreed with Kinross, earned Newmont US$218 million with the shares going to a syndicate of brokers and investors.
Newmont has been left with a residual 4.9% stake in Kinross.
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