Newmont Corp. has signed a deal to sell its Porcupine operation in Ontario to Discovery Silver Corp. in an agreement worth US$425 million. The Porcupine Complex includes the Hoyle Pond and Pamour mine ...

"We have full confidence that Discovery’s leadership team will continue to operate Porcupine responsibly, leveraging their extensive experience and history in the area. Including the Porcupine ...

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TIMMINS - Newmont has finally sold its Porcupine operations in Timmins to Discovery Silver Corp. of Toronto for US$425 million. Promising to invest heavily in the northeastern Ontario gold camp is one ...

Newmont will sell its final project in its divestment program: the Porcupine gold operation in Ontario, Canada to Discovery Silver Corp. In February 2024, Newmont announced its plans to divest ...

Cancel any time. TORONTO - Newmont Corp. has signed a deal to sell its Porcupine operation in Ontario to Discovery Silver Corp. in an agreement worth US$425 million. TORONTO – Newmont Corp.

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The transaction includes: i) a 4.25% net smelter return royalty (the 'Royalty") for $300M, consisting of two tranches, on production from the Porcupine Complex, ii) a $100M senior secured term ...