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
FLSmidth to deliver two of the world’s largest HPGRs to India
FLSmidth has received an order for the delivery of its high pressure grinding roll (HPGR) technology to India, including installation, commissioning and start-up support, and a service agreement.