{"id":17863,"date":"2021-11-09T09:19:21","date_gmt":"2021-11-09T17:19:21","guid":{"rendered":"https:\/\/marketdepth.com\/?p=17863"},"modified":"2021-11-09T09:19:23","modified_gmt":"2021-11-09T17:19:23","slug":"pretium-resources-to-be-acquired-by-newcrest-mining","status":"publish","type":"post","link":"https:\/\/marketdepth.com\/pretium-resources-to-be-acquired-by-newcrest-mining\/","title":{"rendered":"Pretium Resources to be Acquired by Newcrest Mining"},"content":{"rendered":"\n
Vancouver-based Pretium Resources Inc. (TSX: PVG) (NYSE: PVG) has reached an agreement <\/a>to be acquired by Newcrest Mining Limited (ASX: NCM) (TSX: NCM).<\/p>\n\n\n\n Newcrest\u2019s interest <\/a>in Pretium is centred around one of the highest-grade operating gold mines in the world: the Brucejack operation in the highly prospective Golden Triangle region of British Columbia, Canada.\u00a0<\/p>\n\n\n\n The acquisition will add the Brucejack operation to Newcrest’s portfolio of Tier 1 assets\u00a0 \u201cand will deliver immediate production, free cash flow and earnings diversification to Newcrest,\u201d according to Newcrest’s Managing Director and Chief Executive Officer, Sandeep Biswas.\u00a0<\/p>\n\n\n\n “With this acquisition, Brucejack will join Newcrest’s portfolio of tier one assets, mitigating the inherent risks associated with ownership of a single-asset mining company. Moreover, Newcrest has the financial means and the intention of maximizing the long-term potential of the Brucejack mine and the district scale opportunities in the surrounding Brucejack property. The acquisition of Pretivm by Newcrest is an outstanding opportunity for Pretivm and its shareholders, employees, First Nations partners and the local communities in northwest British Columbia.\u201d<\/p>Pretivm’s President and Chief Executive Officer, Jacques Perron<\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"Vancouver-based Pretium Resources Inc. (TSX: PVG) (NYSE: PVG) has reached an agreement to be acquired by Newcrest Mining Limited (ASX: NCM) (TSX: NCM). Located in the Golden Triangle Newcrest\u2019s interest in Pretium is centred around one of the highest-grade operating gold mines in the world: the Brucejack operation in the highly prospective Golden Triangle region… View Article<\/a>","protected":false},"author":3,"featured_media":17502,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":0,"footnotes":""},"categories":[31,17,11,6,16],"tags":[],"acf":[],"yoast_head":"\nLocated in the Golden Triangle<\/h5>\n\n\n\n
Growing Portfolio for Newcrest<\/h5>\n\n\n\n