Wednesday, Sept. 24, 2003 | 11:24 a.m.
DENVER -- Newmont Mining Corp., the world's biggest gold producer, agreed to acquire a 25 percent stake in a Northern Nevada gold deposit from Placer Dome Inc. as part of a joint venture to develop the mine.
Newmont's contribution to the Turquoise Ridge venture will reduce operating costs and capital spending for Vancouver, British Columbia-based Placer Dome said.
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