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The Australian gold miner said it will purchase the Northparkes operation for up to US$475 million, including an upfront payment of US$400 million and up to US$75 million in combined further payments that are linked to market prices. Miners are racing to secure a pipeline of commodities essential to the global energy transition such as copper, which is used to make electric vehicles and renewable energy infrastructure. Within the gold industry, U.S.-based Newmont recently bought Australiaâs...
>>> Read more: Australiaâs Evolution to Raise Equity, Buy Northparkes Copper-Gold Mine
>>> Read more: Australiaâs Evolution to Raise Equity, Buy Northparkes Copper-Gold Mine