Stocks in play: Newmont Corporation
Says the company and Fury Gold Mines Limited have completed the previously announced buy-out of the remaining approximately 23.77% participating interest of Azimut Exploration Inc. in the Éléonore South Joint Venture, on a pro-rata basis. As a result of the transaction, the 100% ESJV participating interests are Fury 50.022% and Newmont 49.978% with Fury remaining operator under an amended and restated joint venture agreement. The cost to Fury of the 11.902% additional participating interest in the joint venture is $1,202,663. Newmont Corporation shares T.NGT are trading up $1.61 at $57.87.
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