NEM Unlocks Value From Asset Sales: Will This Support Capital Plans?

Key Takeaways Newmont expects $3B in after-tax proceeds from its 2025 non-core asset divestiture program. Proceeds support capital allocation goals, including debt reduction and shareholder returns. Asset sales help NEM fund expansion at Tanami, Ahafo North, and Cadia to boost output and mine life.Newmont Corporation (NEM) has executed agreements to sell its shares in Greatland Resources Limited and Discovery Silver Corp, for total cash proceeds of around $470 million after taxes and commissions. The sale ...