Pays $1.5B for Arctic operator Miramar
Peter Koven, Financial Post
Published: Wednesday, October 10, 2007
Newmont Mining Corp. is the latest major miner to make a bet on the Canadian Arctic, striking a $1.5-billion deal to buy Miramar Mining Corp. and highlighting the massive resource potential of the region.
Large-scale metal producers like Newmont are drawn to the far north because so few discoveries are...