Orosur Mining confirms Newmont stake sale

Orosur Mining Inc (AIM:OMI, TSX-V:OMI) told investors that Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, ETR:NMM) has now sold off its shareholding in the company, as part of a wider disposal strategy by the North American gold miner. Newmont sold its 9.40% holding to several institutional long-term investors, fetching C$0.19 per share.