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Newmont to Sell Éléonore Gold Mine in Québec

Hosted on MSN · 4d

Newmont to sell Éléonore gold mine in $795M deal

Newmont (NYSE:NEM) said Monday it agreed to sell its Éléonore gold operation in Quebec to privately-held mining company Dhilmar Ltd. for $795M in cash. Éléonore is one of Canada's largest gold mines,

Investing News Network on MSN · 3d

Newmont to Sell Éléonore Gold Mine in Québec for US$795 Million

Newmont (TSX:NGT,NYSE:NEM), the world’s largest gold miner, is continuing its divestiture program through the sale of its Éléonore mine in Québec to Dhilmar, a private UK-based mining firm, for US$795 million in cash.

Elko Daily Free Press · 3d

Newmont to sell Canadian mine for $795 million

Newmont has now completed sale agreements on four of the six smaller mines it plans to sell, bringing in a total of $3.6 billion as the company focuses on its

1d

Newmont Corporation: Valuation Is Now More Attractive

Newmont's recent asset divestitures, including the Eleonore mine sale, are part of a strategy to optimize its portfolio. Read ...

4d

Newmont Announces Agreement for Sale of Éléonore for $795 Million in Cash

Announced Divestitures to Date Expected to Generate up to $3.6 Billion in Gross Proceeds ...

3d

Newmont Sells Mine For $795 Million, Barrick Expands Reserves; Top Miners Unfazed By Underperformance

The Éléonore sale follows Newmont's strategy to divest non-core assets following its milestone acquisition of Newcrest Mining in 2023.

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