New Dawn mulls selling 2 mines

New Dawn mulls selling 2 mines
Published: 19 August 2013
Toronto Stock Exchange-listed New Dawn Mining is considering disposing of 2 of its 5 mines in Zimbabwe as part of efforts to raise additional capital.

This comes as the Zimbabwe focused gold miner's operations have been hit by falling international gold prices, increased mining royalties and pressure to cede 51% shareholding to black locals in compliance with the indigenisation policy.
- dailynews
Tags: NewDawn,

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