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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.
Originally called Rosebud then Gold Circle then Midas, the town was to become one of two biggest twentieth-century gold towns in Elko County. The first gold ore was discovered in July 1907. Initial assays ran between $2,400 and $20,000 per ton.