Waterton wins bid for Nevada gold mine and mill

Waterton Global Resource Management, a Toronto-based private equity firm focused on investments in the precious metals sector, has won its bid for the Hollister gold mine and the Esmeralda Mill in Nevada. The acquired assets, purchased through a court-supervised auction, were formerly owned by Great Basin Gold Ltd. Waterton's competitors for the Nevada assets were primarily traditional mining companies. The transaction is expected to be completed on May 17, 2013.

1 May 2013•2 mins read
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