NEM News: Newmont Sells Telfer and Havieron to Greatland Gold for $475M - 12th Sep 2024, 2:18am

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Newmont Corporation NEM announced the sale of its Telfer operation, its 70% stake in the Havieron gold-copper project and other related assets in Australia’s Paterson region to Greatland Gold plc. This transaction, part of the company’s broader strategy to divest non-core assets, is expected to close in fourth-quarter 2024 and subject to certain conditions.

Per the agreement, Newmont is expected to receive up to $475 million in gross proceeds. This will consist of $207.5 million in ca...

>>> Read more: Newmont Sells Telfer and Havieron to Greatland Gold for $475M
 
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