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Newmont Divests Coffee Gold Project in US$150 Million Deal with Fuerte Metals
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Newmont Divests Coffee Gold Project in US$150 Million Deal with Fuerte Metals
Newmont (NYSE:NEM,TSX:NGT,ASX:NEM) has announced the sale of its Coffee gold project in Yukon, Canada. The deal is part of Newmont's broader strategy to streamline its portfolio and focus on core operations, according to CEO Tom Palmer. This transaction marks a significant step for Newmont as it completes the final divestment of eight non-core assets, a move that was initiated in February 2024.Transaction detailsThe transaction, valued at up to …
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