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Canyon Resources, Newmont make deals
Canyon Resources Corp. recently cemented deals with another Colorado gold-mining company, Newmont Mining Corp., to cut costs and add properties.
Canyon acquired the 3 percent net smelter return (NSR) royalty held by Newmont on Canyon’s Briggs Mine near Death Valley, Calif.
Net smelter return is the amount of money a smelter or refinery pays a [...]
