PRECIOUS METALS

SSR to buy Cripple Creek & Victor from Newmont

Newmont sells gold mine, only US asset now JV Nevada Gold Mines

Nevada sights: Newmont is often viewed as the US gold mining company. However, with the sale of CC&V, its only US operations will now be the Nevada Gold Mines joint venture with Barrick, in which it is the junior partner.

Nevada sights: Newmont is often viewed as the US gold mining company. However, with the sale of CC&V, its only US operations will now be the Nevada Gold Mines joint venture with Barrick, in which it is the junior partner. | Credits: Joel Protasio/Unsplash.

SSR Mining has agreed to acquire the Cripple Creek & Victor (CC&V) gold mine in, Colorado, US, from Newmont for US$100 million in cash and up to $175 million in additional milestone-based payments. ...

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