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Newcrest's portfolio gets redder with Red Chris buy

Company turns to copper as potential gold acquisition options seemingly disappear overnight

Kristie Batten
Red Chris in Canada

Red Chris in Canada

The company yesterday announced the US$806.5 million acquisition of 70% of Imperial Metals' Red Chris mine in Canada. Red Chris produced 60.35 million pounds of copper and 41,935 ounces of gold last...

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