Newmont Selling Quebec Gold Mine for $795M
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 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.
Gold mining is a key part of the Russian mercenary group’s business model. Even after coming under Kremlin control, it continues to offer security, training, and combat services to governments in ...
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SROL hosts gold mining stakeholdersSegilola Resources Operating Limited, a subsidiary of Thor Explorations Ltd, has hosted stakeholders in the gold value chain, ...
"I'm a big fan of really solid shared experiences and that's probably where I spend the most money," Schnabel tells PEOPLE ...
Foča Project covers a highly prospective land package in an under explored mineral belt between the Rupice Mine (Adriatic ...
ASX-listed Spartan Resources has taken a step forward in the development of its Dalgaranga gold project, in Western Australia ...
Expected to emerge as Côte d'Ivoire's largest gold mine, the Koné project by Canadian Montage Gold has the potential to yield more than 100 tonnes of gold. The mine's production will be subject to ...
Surviving on a diet of toothpaste and toilet paper, South Africa's notorious "zama-zama" illegal miners continue a weeks-long ...
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Journal Editorial Report: Donald Trump's Interior and Energy secretaries promise expansive energy policies.
Three executives of the Australian company Resolute Mining were arrested this month. Mali, a major African gold producer, has ...
Resolute Mining CEO Terry Holohan and two other employees have been released from detention in Mali, just days after the gold mining company agreed to pay about $160 million to resolve a tax dispute ...
Seabridge's KSM project has extended its development timeline by 20 years and is benefiting from rising gold, copper, and ...
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