Australia's Newcrest Mining cleared to trade on TSX from Oct 13


Gold miners have benefited from rising bullion prices, which have jumped 30% this year to around $2,000 an ounce, as central banks dial up stimulus measures in response to the coronavirus pandemic.

Australian gold miner Newcrest Mining said on Tuesday it has received conditional approval to list on the Toronto Stock Exchange (TSX) and will begin trading on Oct. 13.

The listing comes after Newcrest last year acquired a 70% joint venture interest in the Red Chris mine in British Columbia, Canada from Toronto-listed Imperial Metals Corp.

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