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New Gold sells Blackwater to Artemis for $190M in cash

/ Mine Development, Property Acquisition / By Magda Gardner

New Gold (TSX: NGD; NYSE-AM: NGD) is selling its Blackwater project in central B.C. to Artemis Gold (TSXV: ARTG) for $190 million in cash. Under the deal, New Gold will be paid $140 million upon closing and $50 million in 12 months. It…

The post New Gold sells Blackwater to Artemis for $190M in cash appeared first on Canadian Mining Journal.

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