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/
Foran Mining Corporation has announced an updated mineral resource estimate for the company’s 100%-owned McIlvenna Bay Deposit located in east-central Saskatchewan, Canada.