Newmont Announces Sale of the Coffee Project for up to $150 Million

Core Viewpoint - Newmont Corporation has agreed to sell its Coffee Project in Yukon, Canada to Fuerte Metals Corporation for up to $150 million, with the transaction expected to close in the fourth quarter of 2025, pending certain conditions [1]. Group 1 - The total consideration for the sale of the Coffee Project is up to $150 million [1]. - The transaction is anticipated to close in the fourth quarter of 2025, subject to the satisfaction of specific conditions [1]. - Newmont expects to receive gross proceeds of up to $150 million from this agreement [1].