Uncategorized - November 30, 2007 11:00

Newmont sells royalty, non-core assets for $1.3 billion

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NEW YORK (Reuters) – Newmont Mining Corp , the world’s No. 2 gold producer, on Friday said it agreed to sell its royalty assets and other non-core investments to Franco-Nevada Corp in a deal worth about $1.3 billion.

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NEW YORK (Reuters) – Stocks edged higher on Thursday as shares of Exxon Mobil and other energy companies rose on supply concerns, offsetting worries about the economy and a pullback in bank stocks.

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