NEM News: Newmont Announces Sale of Porcupine Operation for up to $425 Million - 27th Jan 2025, 11:45pm

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Agreements Now in Place to Divest All Non-Core Operations, Announced Divestitures Expected to Generate up to $4.3 Billion in Gross Proceeds

DENVER, January 27, 2025--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) ("Newmont" or the "Company") announced today that it has agreed to sell its Porcupine operation in Ontario, Canada to Discovery Silver Corp. ("Discovery") for up to $425 million in total consideration. Upon closing the sale of the Porcupine operation an...

>>> Read more: Newmont Announces Sale of Porcupine Operation for up to $425 Million
 
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