Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Newmont’s Cripple Creek & Victor mine to move to SSR Mining; legacy fund winding down
Summary
Newmont presented 2024 community impact figures for Cripple Creek & Victor (CCV), said it expects to finalize a sale to SSR Mining and announced the company will wind down its employee 'Legacy Fund' and distribute remaining grants through Q1 2025.
Newmont representatives updated the Woodland Park City Council on Feb. 6 about the Cripple Creek & Victor (CCV) Gold Mine’s recent corporate changes, permit activity and community investments.
Caitlin Bridal, external relations supervisor, told council that Newmont announced a plan in February 2024 to divest six assets, including CCV, and in December 2024 entered an agreement under which SSR Mining will acquire the operation. Bridal said SSR Mining is expected to finalize the sale within weeks and has committed to work with Colorado regulators and local stakeholders to meet closure and reclamation obligations; she said SSR has an…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
