The deal was part of several mine sales from Newmont Corp. to reduce debt after acquiring Australia's largest gold producer.

Silver, a Canadian mining company, is preparing to expand its operations with a deal to purchase Newmont's Porcupine mining ...

Newmont Corp. has signed a deal to sell its Porcupine operation in Ontario to Discovery Silver Corp. in an agreement worth ...

Discovery Silver is positioning itself as a new Canadian gold producer with an up to $425 million deal to buy Newmont's Porcupine mining operations.

Gold miner Discovery Silver said on Monday it would acquire its peer Newmont's stake in Porcupine Operations in Ontario, Canada, for $425 million.