Newmont Mining selling Nevada site for $83M

|About: Newmont Mining Corporation ... (NEM)|By:, SA News Editor

Newmont Mining (NEM) agrees to sell its Midas underground operation and mill complex in Nevada to Klondex Mines (KLNDF) in an ~$83M deal, as it continues to focus on its longer-life and lower-cost core assets.

NEM also will receive 5M Klondex common share purchase warrants.