The deal was part of several mine sales from Newmont Corp. to reduce debt after acquiring Australia's largest gold producer.

Gold miner Discovery Silver said on Monday it would acquire its peer Newmont's stake in Porcupine Operations in Ontario, Canada, for $425 million.

Discovery Silver is positioning itself as a new Canadian gold producer with an up to $425 million deal to buy Newmont's Porcupine mining operations.

Newmont Corp. has signed a deal to sell its Porcupine operation in Ontario to Discovery Silver Corp. in an agreement worth US$425 million. The Porcupine Complex includes the Hoyle Pond and Pamour mine ...

Torque Metals (ASX:TOR) and Aston Minerals (ASX:ASO) said on Tuesday (January 28) that they have entered into a binding ...

The Porcupine Complex, located near Timmins, Ontario, Canada, has been producing gold for more than 100 years.

The Prosperity Northwest Business Conference and Trade Show was to begin today, spotlighting regional opportunities in mining, energy, forestry and bioeconomy. Presented by the Thunder Bay Chamber of ...

Barrick Gold Corp. (NYSE: GOLD) is one of the largest gold mining companies in the world and is based in Toronto, Ontario, Canada. The company was founded by Peter Munk and was listed as a ...

Establishes Discovery as a new Canadian gold producer with multiple operations in one of the world’s most prolific gold camps, accounting for approximately 70 million ounces of total historical ...

In a Jan. 27 news release, Discovery said its entry into the Timmins camp catapults them into the position of being a leading ...

January 29, 2025) - Caprock Mining Corp. (CSE: CAPR) ("Caprock" or the "Company" is pleased to outline management's ...

Tony Makuch, who's now with Discovery Silver, returns to familiar stomping grounds following US$425-million deal with Newmont ...