Ramelius strikes deal with Newmont in Nevada

September 15, 2017

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Australian gold miner Ramelius Resources has struck a deal with US gold major Newmont Mining Corporation over its South Monitor land package, in Nevada.

Under the terms of a farm-in and joint venture (JV) agreement inked this week, Ramelius could earn an 80% interest in the South Monitor gold project by spending $8-million over an eight-year period, through a staged earn-in.

Category: General