The world’s largest gold miner, Newmont Goldcorp, is continuing to streamline its portfolio and the company confirmed on Friday that its Red Lake mine, Canada, is up for sale.
Confirmation of the potential sale of Red Lake, which is a former Goldcorp mine, comes only a week after an announcement of its divestment of a 45.5% stake in the Nimba iron-ore project, in Guinea, to a company controlled by mining investor Robert Friedland.