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Newmont sells Discovery shares for C$124M

Decreases stake from 14.95% to 8.64%

Isabeau van Halm
The Porcupine operations in Ontario, Canada.

The Porcupine operations in Ontario, Canada. | Credits: Discovery Silver

Newmont announced it is decreasing its stake in Discovery Silver from 14.95% to 8.64%. Newmont's subsidiary Goldcorp sold 50.5 million common shares of Discovery for around C$2.457 per share, for a...

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