Newmont Selling Quebec Gold Mine for $795M

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,
Newmont Selling Quebec Gold Mine for $795M as Miner Continues Exit From Non-Core Assets
Newmont is selling a big gold mine in northern Canada for $795 million in cash, building on its plans to shed unwanted assets following its takeover of Australia's Newcrest in what was the biggest-ever M&A deal in the gold-mining industry.
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,
Newmont sells Éléonore mine in Quebec for $795m
The world’s largest gold miner stated that the Éléonore deal and other sales announced in 2024 would help raise a total of $3.6 billion. “When we announced the acquisition of Newcrest in 2023, we committed to generating at least $2 billion in cash through portfolio optimization.
Newmont to sell Eleonore gold mine for US$795-million, advancing asset divestment plan
Newmont NGT-T 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 Mining (NEM) Gets a Hold from Scotiabank
Scotiabank analyst Tanya Jakusconek maintained a Hold rating on Newmont Mining (NEM – Research Report) today and set a price target of $52.00.
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Newmont Announces Agreement for Sale of Éléonore for $795 Million in Cash
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) announced today that it has agreed to sell its Éléonore operation in Northern Quebec, Canada, to Dhilmar Ltd ...
Newmont price target lowered to $59 from $62 at Raymond James
Raymond James analyst Brian MacArthur lowered the firm’s price target on Newmont (NEM) to $59 from $62 and keeps an Outperform rating on the ...
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Orla to acquire Musselwhite mine from Newmont
Orla said purchasing Musselwhite, a producing gold mine in Canada, will strengthen the company’s balance sheet as it works ...
Newmont Sells Canadian Gold Mine for $850 Million in Latest Deal
Newmont Corp. agreed to sell its Musselwhite gold mine in Ontario to Orla Mining Ltd. for up to $850 million as part of a ...
Orla Mining buying Musselwhite gold mine from Newmont for up to US$850-million
Purchases of Musselwhite underground mine, located on the shore of Opapimiskan Lake, will see Orla’s gold production more ...
Newmont to sell Ontario gold mine to Orla Mining for up to $850M
Newmont agrees to sell Musselwhite mine in Ontario for up to $850M to Orla Mining, as part of its asset divestment strategy.
'This predictable cycle of investors returning' — Orla spends $850 million on Ontario gold mine
Orla chief executive Jason Simpson said he thinks investors are still overlooking the gold mining industry in favour of the ...
Newmont To Sell Lonore Operation In Northern Quebec To Dhilmar For $795 Mln In Cash
Gold miner Newmont Corp. (NEM, NGT.TO, NEM.AX) announced Monday that it has agreed to sell its Eleonore operation in Northern Quebec, ...