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Newmont Wraps Up Sale of Musselwhite, Eleonore and CC&V Operations
NEMNewmont(NEM) ZACKS·2025-03-05 13:55

Newmont Corporation (NEM) has announced the completion of the previously announced sales of three non-core assets, namely the Musselwhite and Eleonore operations in Canada and the Cripple Creek & Victor ("CC&V") operation in Colorado, USA.The divestiture of these three additional non-core assets resulted in total after-tax cash proceeds of 1.7billionbeforeclosingadjustments.NEManticipatescompletingtheremainingtwoassetsalesandreceivingabout1.7 billion before closing adjustments. NEM anticipates completing the remaining two asset sales and receiving about 0.8 billion in after-tax cash proceeds during the f ...