Global miner Newmont has completed the sale of its common shares of Orla Mining, for aggregate gross proceeds of US$439 million (C$605 million). “Today’s announcement demonstrates Newmont’s ongoing commitment to streamlining our equity portfolio and unlocks significant cash to support Newmont’s capital allocation priorities,” said Tom Palmer, Newmont chief executive officer. “We value the strong relationship we’ve had with Orla…
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Newmont Musselwhite pours 8,000th doré bar
Newmont’s Musselwhite operation, in commercial production since 1997, has achieved a mine life milestone: the pouring of its 8,000th gold doré bar. Full story.
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