Roxgold snaps up Newcrest’s Séguéla project

Gold miner Newcrest Mining has struck a deal with TSX-listed Roxgold to divest of its Séguéla project and regional exploration tenements, in Cote d’Ivoire, in a deal valued at $30-million. “Following a strategic review, we are pleased to announce the sale of the Séguéla project to Roxgold. This outcome delivers value for Newcrest shareholders and provides what we believe to be the best way to maximise the potential of the asset for the benefit of our local employees, communities and Cote d’Ivoire,” said Newcrest MD and CEO Sandeep Biswas.