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Newmont Strikes ~$1B Deal For Akyem Sale, Focus Sharpens on Tier 1 Assets
On Tuesday, Newmont Corporation (NYSE:NEM) disclosed the sale of its Akyem operation in Ghana to Zijin Mining Group for up to $1 billion in cash.
This divestment aligns with Newmontâs strategy to focus on its Tier 1 assets and streamline its portfolio.
As per the deal, Newmont will receive $900 million in cash at closing and an additional $100 million contingent on meeting certain conditions.
The proceeds are expe...
>>> Read more: Newmont Strikes ~$1B Deal For Akyem Sale, Focus Sharpens on Tier 1 Assets
On Tuesday, Newmont Corporation (NYSE:NEM) disclosed the sale of its Akyem operation in Ghana to Zijin Mining Group for up to $1 billion in cash.
This divestment aligns with Newmontâs strategy to focus on its Tier 1 assets and streamline its portfolio.
As per the deal, Newmont will receive $900 million in cash at closing and an additional $100 million contingent on meeting certain conditions.
The proceeds are expe...
>>> Read more: Newmont Strikes ~$1B Deal For Akyem Sale, Focus Sharpens on Tier 1 Assets
