BRIEF-Fresnillo to buy 44 pct stake in Penmont JV for $450 mln

viernes 12 de septiembre de 2014 02:12 GYT

Sept 12 (Reuters) - Fresnillo Plc

* Binding agreement signed to acquire Newmont Mining's 44 percent interest in Penmont Joint Venture

* For a total cash consideration of US$450 million

* Currently holds a 56 percent interest in JV and would hold a 100% interest post completion of acquisition Source text for Eikon: Further company coverage: