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 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 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 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 divestment campaign designed to boost shareholder returns.Most Read from BloombergIn Cleveland,
Newmont to sell Eleonore operation in Northern Quebec to Dhilmar for $795M
Newmont (NEM) announced that it has agreed to sell its Eleonore operation in Northern Quebec, Canada, to Dhilmar for $795M in cash
Newmont to Sell Eleonore Operation in Northern Quebec for $795 Million
Newmont (NEM) said Monday it has agreed to sell its Eleonore gold operation in Northern Quebec, Canada, to UK-based private mining company Dhilmar for $795 million in cash. The deal is part of the mining giant's plan to divest noncore assets outlined earlier this year.
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.
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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Orla to acquire Musselwhite mine from Newmont
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Newmont price target lowered to $59 from $62 at Raymond James
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'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 ...
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Orla Mining buys Newmont’s Musselwhite gold mine
Gold miner Newmont has reached an agreement to sell its Musselwhite mine to TSX-listed Orla Mining for up to $850-million.
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.
Newmont Mining’s Strategic Asset Divestiture Strengthens Financial Position and Supports Buy Rating
In a report released yesterday, Lawson Winder from Bank of America Securities reiterated a Buy rating on Newmont Mining (NEM – Research ...