Newmont sells Éléonore mine in Canada for $795m
The world’s largest gold miner, Newmont, announced on Monday that it had agreed to sell its Éléonore mine in Quebec, Canada, to UK-based private mining firm Dhilmar for $795-million in cash. The transaction marks another step in Newmont’s ongoing divestiture programme,
Newmont to sell Eleonore gold mine for US$795-million, advancing asset divestment plan
Newmont N/A said on Monday it would sell its Eleonore mine in Canada to UK-based miner Dhilmar Ltd for $795-million in cash, as the world’s largest gold miner continues with its plans to divest non-core assets. Newmont said the deal, along with other sales it announced in 2024, would help it raise $3.6-billion.
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Newmont Announces Sale of Eleonore for $795 Million in CashNewmont Corporation NEM has agreed to sell its Eleonore operation in Northern Quebec, Canada, to Dhilmar Ltd for $795 million ...
Announced Divestitures to Date Expected to Generate up to $3.6 Billion in Gross Proceeds ...
The Éléonore sale follows Newmont's strategy to divest non-core assets following its milestone acquisition of Newcrest Mining ...
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