Newmont Announces Sale of Eleonore for $795 Million in Cash
Newmont Corporation NEM has agreed to sell its Eleonore operation in Northern Quebec, Canada, to Dhilmar Ltd for $795 million in cash. The divestment is expected to close in the first quarter of 2025,
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
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 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 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
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 Corporation: Valuation Is Now More Attractive
Newmont's recent asset divestitures, including the Eleonore mine sale, are part of a strategy to optimize its portfolio. Read ...
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, ...
Mining Weekly4d
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, ...
Sirios Resources congratulates Dhilmar for successfully acquiring the Eleonore Gold Mine
MONTRÉAL, Nov. 25, 2024 (GLOBE NEWSWIRE) -- (TSX-V: SOI; OTCQB: SIREF) (“Sirios” or the “Company”) is pleased to ...
Sacramento Bee17d
Fury Finalizes Six Éléonore Style Drill Targets at the Éléonore South Gold Project
TORONTO, ON / ACCESSWIRE / November 12, 2024 / Fury Gold Mines Limited (TSX:FURY) and (NYSE American:FURY) ("Fury" or the ...
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 ...