Fuerte Metals to acquire Coffee Project business of Newmont for $150m.

Fuerte Metals, an exploration and development company focused on advancing gold and metals projects, agreed to acquire Coffee Project business of Newmont, a gold company and a producer of copper, silver, zinc, and lead, for $150m. “The acquisition of Coffee is highly transformational for Fuerte. The project is on a clear path to complete permitting and has strong financial and technical partners who have the vision to advance the project to production and build the next great Canadian gold producer," Tim Warman, Fuerte Metals CEO.