Newmont to sell Eleonore operation in Northern Quebec
Mining Weekly · 1d
Newmont sells Éléonore mine in Canada for $795m
The world’s largest gold miner, Newmont, announced on Monday that it had agreed to sell its Éléonore mine in Quebec, Canada, to UK-based private mining firm Dhilmar for $795-million in cash. The transaction marks another step in Newmont’s ongoing divestiture programme,
The Globe and Mail · 1d
Newmont to sell Eleonore gold mine for US$795-million, advancing asset divestment plan
Newmont N/A said on Monday it would sell its Eleonore mine in Canada to UK-based miner Dhilmar Ltd for $795-million in cash, as the world’s largest gold miner continues with its plans to divest non-core assets. Newmont said the deal, along with other sales it announced in 2024, would help it raise $3.6-billion.
Canadian Mining Journal · 22h
Newmont sells Éléonore mine in Quebec for $795m
Newmont (NYSE: NEM, TSX: NGT) announced on Monday that it would sell its Éléonore mine in Quebec to UK-based miner Dhilmar Ltd for $795 million in cash, as part of its ongoing efforts to divest non-core assets. Éléonore is one of the largest gold mines in Quebec.
MarketWatch · 1d
Newmont Selling Quebec Gold Mine for $795M as Miner Continues Exit From Non-Core Assets
Newmont said Monday it agreed to sell its Eleonore operation in a remote corner of Quebec near James Bay to privately-held U.K. mining company Dhilmar. The transaction is expected to close in the first quarter of next year,
The Business Journals · 1d
Newmont strikes $795M gold mine sale
The Éléonore gold mine is in the northern part of Quebec, Canada and produces about 246,000 attributable ounces of gold annually, according to the Newmont website. The buyer is a newly incorporated private mining company whose founder previously acquired Newmont's Indonesian copper and gold mine in 2016.
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