OceanaGold snaps up Waihi

CANADIAN-Australian firm OceanaGold will acquire Newmont’s Waihi gold mine in New Zealand for $US101 million ($A131.2 million) in cash.

OceanaGold snaps up Waihi OceanaGold snaps up Waihi OceanaGold snaps up Waihi OceanaGold snaps up Waihi OceanaGold snaps up Waihi

OceanaGold has picked up a New Zealand gold mine.

The deal has come under a definitive acquisition agreement between the two companies that will afford Newmont a retained 1% net smelter royalty for gold ounces produced from a specific exploration

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