In the face of volatile markets, it can be difficult to
sell you gold mining shares, especially for anything close to what you paid.
Not exact matches
Recently it
sold its Mupane
Gold Mine in Botswana to Galane
Gold for $ 12.5 million, $ 17.9 million in
shares and $ 3.8 million in promissory notes in Galane.
The
share price for Newmont
Mining has increased twice fast as
gold prices since January — something that should increase profitability for the
gold miner and allow it to lower operating costs as
sells more
shares.
Nyrstar NV (Nyrstar or the «Company») recently announced that it has entered into a
Share Purchase Agreement (the «Agreement») to
sell its El Toqui
mine in Chile to Laguna
Gold Limited (Laguna), an Australian based
mining company, for a total cash consideration of US$ 25 million (the «Consideration»), plus future proceeds through a price participation agreement with Laguna (the «Transaction»).