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Newmont to Sell Éléonore Gold Mine in Québec

Investing News Network on MSN · 19h

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.

Seeking Alpha on MSN · 1d

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,

Elko Daily Free Press · 19h

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

15h

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 ...

Newmont Corp. stock falls Tuesday, underperforms market

Shares of Newmont Corp. NEM slipped 0.49% to $42.25 Tuesday, on what proved to be an all-around great trading session for ...

1d

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 ...

1d

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 ...

10d

Newmont (NYSE:NEM) Seems To Use Debt Quite Sensibly

This deficit isn't so bad because Newmont is worth a massive US$46.3b, and thus could probably raise enough capital to shore ...

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