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 ...

Core Viewpoint - Great Pacific Gold Corp. is actively divesting its Australian assets, focusing on cash inflows and future exploration in Papua New Guinea [1][6]. Financial Updates - On April 16, 2025, the company received $1 million in cash from the sale of its Reedy Creek and Providence Gold Projects to Golden Cross Resources Inc. [3] - The company sold 2,000,000 common shares of Golden Cross for proceeds of $450,000 [3]. - GPAC retains 4,000,000 common shares of Golden Cross, valued at $1.48 million, and may receive an additional $3 million contingent on certain milestones [4]. Asset Divestiture - The Lauriston Project sale process is well advanced, with a definitive agreement expected soon, pending regulatory approvals [5]. - The company has sold various Australian assets over the past six months, resulting in cash inflows [6]. Remaining Projects - The Walhalla Gold Project, located in Victoria, Australia, has a history of gold production totaling 1,510,309 ounces at a grade of 33.59 g/t [7]. - The Walhalla project covers over 1,400 km² and includes the Pinnacles target, which is fully permitted and ready for immediate drilling [7][8]. Exploration Focus - The company is shifting its exploration efforts towards Papua New Guinea, with plans to maximize shareholder benefits from the remaining Australian assets [6][8].