NEM News: UPDATE 2-Gold miner Newmont beats Q4 profit estimates, plans to divest six mines - 22nd Feb 2024, 11:21pm

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(Adds details on divestment and Q4 results throughout)

Feb 22 (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 redu...

>>> Read more: UPDATE 2-Gold miner Newmont beats Q4 profit estimates, plans to divest six mines
 
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