[miningmx.com] – ANGLOGOLD Ashanti said it had closed the sale of its North American mine Cripple Creek & Victor to Newmont Mining for $820m in cash, a deal that also includes a net smelter return royalty.
“The sale was originally announced on 8 June 2015,” said AngloGold in a statement. “At the closing, AngloGold Ashanti received $819.4m in cash, which factors in estimated closing adjustments,” it added.
CCV produced 211,000 ounces of gold in 2014 and was in the implementation phase of an expansion project that would increase production in 2015.
