Newmont Applies for Voluntary Delisting From Toronto Stock Exchange
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8 Articles
Newmont applies for voluntary delisting from Toronto Stock Exchange
(Reuters) – Newmont has applied for a voluntary delisting of its common shares from the Toronto Stock Exchange due to low trading volumes, the world’s top gold miner said on Wednesday. The move, expected to be effective on or about the close of trading September 24, is likely to improve the administrative efficiency and reduce costs. Bloomberg News reported in August that Newmont has set a target of reducing costs by $300 per ounce, which could …
Newmont to Voluntarily Delist From Toronto Stock Exchange
DENVER -- Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) announces that it has applied for a voluntary delisting of its common shares (the “Shares”) from the Toronto Stock Exchange (the “TSX”), which is expected to be effective on or about the close of trading September 24, 2025. In addition to its primary listing on the New York Stock Exchange (the “NYSE”), Newmont continues to support its listings o…
Newmont Withdraws from Toronto Stock Exchange Amid Restructuring Efforts
Newmont (TSX:NGT,NYSE:NEM,ASX:NEM) is preparing to withdraw from the Toronto Stock Exchange later this month, the latest in a string of moves to streamline operations and rein in costs following its US$15 billion takeover of Newcrest Mining in 2023.The Denver-based miner said Wednesday it has applied for a voluntary delisting of its common shares from the TSX, effective at the close of trading on September 24. The company cited “low trading volu…
The world’s largest gold mining company, Newmont, announced that it will no longer be listed on the Toronto Stock Exchange due to low trading volumes, seeking to improve its efficiency and reduce costs after its acquisition of assets. Newmont, the largest gold mining company globally, has requested the voluntary exclusion of its ordinary shares in the Toronto Stock Exchange (TSX), due to the low trading volumes on that stock exchange, the compan…
Newmont To Delist From The TSX Due To Low Trading Volumes
In a sign of the times for the Canadian capital markets, the Toronto Stock Exchange is about to lose a major issuer. Newmont Corp (TSX: NGT) on Wednesday announced that they would be delisting from the exchange. The exit from the Canadian exchange is expected to occur upon the close of markets on September 24. In making the decision, Newmont cited low trading volumes for the departure. The exit is also expected to “improve administrative efficie…
Newmont applies for voluntary delisting from Toronto Stock Exchange - Regional Media News
(Reuters) – Newmont has applied for a voluntary delisting of its common shares from the Toronto Stock Exchange due to low trading volumes, the world’s top gold miner said on Wednesday. The move, expected to be effective on or about the close of trading September 24, is likely to improve the administrative efficiency and reduce costs. Bloomberg News reported in August that Newmont has set a target of reducing costs by $300 per ounce, which could …
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