Dundee Precious Metals sells Tsumeb smelter in Namibia

Canadian gold mining company Dundee Precious Metals has completed the sale of its Tsumeb smelter in Namibia to a subsidiary of China’s Sinomine Resource Group.The transaction, valued at $20 million (C$26.99 million) on a debt-free and cash-free basis, includes a $5 million holdback in escrow...