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Canadian miners Barrick Gold (TSX, NYSE:ABX) and Goldcorp (TSX:G) (NYSE:GG), the world's largest producers of the precious metal, have hired Bank of Montreal to sell their jointly owned Marigold mine in Nevada, US, Bloomberg reports.
The Ray Mine is one of the world's largest open pit copper mines. The mine was started in 1952 by the Kennecott Copper Corporation, on the site of the towns of Ray and Sonora. The mine was purchased by ASARCO in 1986.