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Newmont to Sell Éléonore Gold Mine in Québec
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.
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 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 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 ...
2d
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.
thedeepdive
1d
New Gold: A Hidden Gem Among Canadian Gold Producers
When we think of big names in the gold mining world, giants like Newmont and Agnico Eagle often dominate the conversation. We ...
10h
Newmont Announces Sale of Eleonore for $795 Million in Cash
NEM believes that Dhilmar, which has extensive experience in gold and copper mining, will be an excellent steward of the asset.
6h
on MSN
Orla Mining upgraded at Scotiabank as acquisition set to double production
Orla Mining (NYSE:ORLA) +6.5% in Wednesday's trading as Scotiabank upgraded shares to Sector Outperform from Sector Perform ...
ViewusGlobal on MSN
1d
Gold Prices Likely to Stay Strong in 2025, Analysts Predict Barrick Gold Will Benefit
Analysts predict gold prices will rise in 2024, benefiting Barrick Gold's production and reserves, despite recent ...
1d
on MSN
What's going on with the Newmont share price today?
Newmont shares should be dropping, but they're not... The post What's going on with the Newmont share price today? appeared ...
2d
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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