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Victor gold mine company for sale

Victor gold mine company for sale

Bloomberg News reported today that AngloGold Ashanti Ltd., principal owner of the Cripple Creek & Victor Gold Mining Co. in Teller County, is looking at selling some of its “key operating assets.” While AngloGold CEO Srinivasan Venkatakrishnan declined to specify which assets were being considered for sale, the company is seeking to reduce its $3.1… Continue Reading Victor gold mine company for sale

Mining lives on outside Cripple Creek

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James Grafton, a prominent Colorado attorney, poet and historian once grouped the state’s settlements into four classes. Continue Reading Mining lives on outside Cripple Creek

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The Colorado Office of Economic Development and International Trade and the U.S. Commercial Service are sending a trade delegation to the largest mining exhibition in Latin America. The group will be going to “Expomin 2012,” in Santiago, Chile, from April 7 to 14. Martha Butwin, senior international trade specialist from the federal Commercial Service, will… Continue Reading Colorado delegation travels to Chile for trade mission

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Mining company completes acquisitions

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Westmoreland Coal Co.’s wholly owned subsidiary, Westmoreland Mining LLC, completed its purchase of the Montana Power Co. for $138 million in cash. One of the coal operations Westmoreland acquired through the deal is Western Energy Co. in Colstrip, Mont. The company owns and operates the Rosebud Mine, which sold 10.4 million tons of coal in… Continue Reading Mining company completes acquisitions

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