Newcrest sells balance stake in Evolution
NEWCREST has raised $125 million since June 30 from the sale of its remaining stake in Evolution, and will use the proceeds to reduce debt.
AUSTRALIA'S largest gold miner Newcrest Mining has sold off its remaining stake in rival gold producer Evolution.
NEWCREST said it has netted $125 million from the sale since June 30, and has used the proceeds to pay down debt.
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