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 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 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 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 Sells Eleonore Mine To Private UK-Based Firm For $795 Million
Newmont Corp (TSX: NGT) has entered into an arrangement to sell off another gold asset as it continues to drop assets following its purchase of Newcrest Mining last year. The latest asset to be
Newmont Announces Agreement for Sale of Éléonore for $795 Million in Cash
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) announced today that it has agreed to sell its Éléonore operation in Northern Quebec, Canada, to Dhilmar Ltd (“Dhilmar”) for $795 million in cash consideration.
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 sells Éléonore mine in Quebec for $795m
Newmont (NYSE: NEM, TSX: NGT) announced on Monday that it would sell its Éléonore mine in Quebec to UK-based miner Dhilmar Ltd for $795 million in cash, as part of its ongoing efforts to divest non-core assets. Éléonore is one of the largest gold mines in Quebec.
Newmont To Sell Lonore Operation In Northern Quebec To Dhilmar For $795 Mln In Cash
Gold miner Newmont Corp. (NEM, NGT.TO, NEM.AX) announced Monday that it has agreed to sell its Eleonore operation in Northern Quebec,
Newmont to sell Eleonore gold mine for US$795-million, advancing asset divestment plan
Newmont NGT-T said on Monday it would sell its Eleonore mine in Canada to UK-based miner Dhilmar Ltd for $795-million in cash, as the world’s largest gold miner continues with its plans to divest non-core assets.
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
Orla said purchasing Musselwhite, a producing gold mine in Canada, will strengthen the company’s balance sheet as it works ...
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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.
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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Who Owns the World’s Biggest Gold Mines?
Gold has been a highly prized commodity for thousands of years, and yet much of it still remains within the Earth’s surface. A considerable amount of the precious metal can be found as deposits in ...
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Newmont surpasses $2bn divestiture target
US-based Newmont has exceeded its $2-billion target for gross proceeds from the sale of noncore assets, securing agreements ...
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 ...