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NEM Nemetschek SE

95.30
1.95 (2.09%)
05 Jul 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Nemetschek SE TG:NEM Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.95 2.09% 95.30 95.10 95.45 95.45 92.70 92.70 2,696 20:59:01

Newmont Completes Acquisition Of Australia's Boddington Project

26/06/2009 3:39am

Dow Jones News


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Newmont Mining Corp. (NEM) Friday said it has completed the acquisition of the remaining 33.3% interest in the Boddington gold mine in Western Australia from AngloGold Ashanti Ltd. (AGG.AU).

Newmont paid about US$1.1 billion to buy the remaining stake.

Boddington, located about 130 kilometers southeast of Perth, was 96% complete at the end of May, and startup is expected mid-2009 with a 12 month ramp up schedule.

The mine will be Australia's largest gold producer once completed, with an expected capital cost of US$2.6 billion to US$2.9 billion.

-By Elisabeth Behrmann, Dow Jones Newswires;

61-2-8272-4689 elisabeth.behrmann@dowjones.com

 
 

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