CAPITAL MARKETS

Placer, Newmont form Nevada joint venture

GOLD giants Placer Dome and Newmont Mining have entered into a joint venture agreement for the Turquoise Ridge project in Nevada.

Brad Ricks
Placer, Newmont form Nevada joint venture

Under the terms of the agreement Placer Dome will acquire 75% of the joint venture project. Placer will also operate the project, which is expected to produce 300,000oz of gold per year once production...

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