NEM News: Gold miner Newmont beats Q4 profit estimates, plans to divest six mines - 22nd Feb 2024, 11:13pm

annb0t

Top 20
(Reuters) -Newmont Corp, the world's largest gold miner, beat fourth-quarter profit estimates on Thursday and said it will divest six non-core assets.

The assets being divested include its Eleonore mine in Quebec and Porcupine mine in Ontario, along with two non-core projects including the Coffee mine in Yukon and Newcrest's Havieron mine in Western Australia.

Newmont said the proceeds from the divestments will partly help in reducing debt, with the company targeting near-term debt reduction o...

>>> Read more: Gold miner Newmont beats Q4 profit estimates, plans to divest six mines
 
Top Bottom