*GoldGrowthM&A

Australia’s Evolution Mining to buy Canadian gold mine from Newmont Goldcorp for $375 Million

By Reuters Nov 26 (Reuters) - Australia’s Evolution mining on Tuesday agreed to buy Canadian gold mining complex Red Lake from Newmont Goldcorp Corp for $375 million in cash. Evolution also agreed to pay an additional $100 million upon new resource discovery at the mine. The acquisition will be funded through an A$600 million ($407.16 million) loan facility, the company said in a statement. $1 = 1.4736 Australian dollars Reporting by Shreya Mariam Job in Bengaluru Editing by Chris Reese...
FDIMexicoTarget

ace of investments in Mexico’s mining sector seen slowing to $5,2 Billion

By Reuters MEXICO CITY (Reuters) - The pace of investments in Mexico’s mining industry is expected to slow this year to its lowest since 2016, Mexican industry group Camimex said on Wednesday, adding that greater policy certainty was needed to attract more investments. Camimex sees the value of investments rising 7.4% this year to reach $5.26 billion, after the figure grew 13.8% in 2018. “We need public policies that generate trust for investors,” Camimex said in a statement. Investor confidence in Mexico, Latin America’s second largest economy, has been shaken...
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