Newcrest steps it up in Ecuador with major deal

NEWCREST Mining has agreed to invest US$250 million in Lundin Gold, the most advanced company in Ecuador.

Newcrest steps it up in Ecuador with major deal Newcrest steps it up in Ecuador with major deal Newcrest steps it up in Ecuador with major deal Newcrest steps it up in Ecuador with major deal Newcrest steps it up in Ecuador with major deal

The investment, made at C$5.50 per share, a 13% premium, is part of a broader US$400 million private placement.