| Risk and valuation analysis of the Boddington Project |
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| Title(s) of the Boddington Project |
 | Newmont Mining Corp
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| On Jan 27, 2009, Newmont acquired the remaining 33% of the Boddington project from Anglogold Ashanti for 750 millions in cash, 240 millions payable in cash or Newmont shares at Newmont's choice, and a royalty capped at 100 millions. Prior ownership : Newmont 66.67%; AngloGold Ashanti 33.33%. Newmont acquired Newcrest’s 22.22% share in March 2006. |
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| Location of the Boddington Project |
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The Boddington Gold Mine (BGM) is located 130 kilometres (80 miles) southeast of Perth in Western Australia.
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| History of the Boddington Project |
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Boddington was originally a shallow open cut operation mined in the 1980s by other parties but the large hard-rock low grade project spent years under study in a consortium that changed with takeovers but ended up being Newmont, Newcrest Mining Ltd a more...
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