tiprankstipranks
Company Announcements

Newmont Completes Sale of Non-Core Assets

Story Highlights
Newmont Completes Sale of Non-Core Assets

An update from Newmont Corporation CHESS ( (AU:NEM) ) is now available.

Newmont Corporation announced the completion of sales for its Musslewhite, Eleonore, and Cripple Creek and Victor assets as part of its non-core asset divestment program initiated in February 2024. This strategic move is aimed at streamlining Newmont’s operations and focusing on its core assets, potentially enhancing its industry positioning and operational efficiency.

More about Newmont Corporation CHESS

Newmont is the world’s leading gold company and also produces copper, zinc, lead, and silver. The company operates a world-class portfolio of assets across favorable mining jurisdictions including Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is recognized for its environmental, social, and governance practices. Established in 1921, Newmont has been publicly traded since 1925 and focuses on sustainable and responsible mining.

YTD Price Performance: 12.24%

Average Trading Volume: 441,505

Current Market Cap: A$77.53B

Learn more about NEM stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1