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Newmont earns US$218m from Kinross sell down

NEWMONT Mining said it had sold 28 million of the 43.2 million shares it holds in Canada's Kinros...

Tim Treadgold
Newmont earns US$218m from Kinross sell down

The exit, which had been agreed with Kinross, earned Newmont US$218 million with the shares going to a syndicate of brokers and investors. Newmont has been left with a residual 4.9% stake in Kinross....

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