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Gold mining news

 
 
 
 
 

NOVAGOLD receives payment from Newmont Corp.

NOVAGOLD RESOURCES INC. has received US$75 million from Newmont Corp. as per the 2018 share purchase agreement in which NOVAGOLD agreed to sell its 50% interest in the Galore Creek project in British Columbia, Canada.

 

Barrick secures Egyptian exploration licenses

Barrick Gold Corp. has been awarded four exploration licenses for the exploration of gold and associated minerals in the highly prospective Eastern Desert region of the country.