New Gold completes sale of Mesquite mine
Published by Claire Cuddihy,
Assistant Editor
Global Mining Review,
New Gold Inc. (New Gold) has completed the previously announced sale of the Mesquite mine located in California to Equinox Gold Corp. for gross proceeds of CAN$158 million, subject to certain post-closing adjustments.
The transaction strengthens the company's liquidity position and enhances its financial flexibility.
Read the article online at: https://www.globalminingreview.com/finance-business/31102018/new-gold-completes-sale-of-mesquite-mine/
You might also like
Fertile ground after mining: Growing crops and communities on reclaimed land
Jane Marsh explores how reclaimed mining land can be transformed into thriving agricultural hubs that drive economic growth, environmental restoration, and stronger communities.