This sale brings the company's total divestitures to over $3.6 billion.

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Newmont strikes $795M gold mine sale

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Copper ore. Image: Phawat/stock.adobe.comA new contract will see Cyprium Metals sell its surplus generators from its Nifty copper mine in Western Australia for $9.3 million.  The agreement is with USP&E North America, a leading power station and energy facility design house. Cyprium Metals has already received confirmation of a non–refundable deposit of $US600,000 ($916,296) in connection with the contract. Full payment is set to be received upo…

A Nifty sale - Australian Mining

Australian Mining

Newmont Co. (NYSE:NEM – Get Free Report) shares gapped down before the market opened on Monday after Raymond James lowered their price target on the stock from $62.00 to $59.00. The stock had previously closed at $43.38, but opened at $41.87. Raymond James currently has an outperform rating on the stock. Newmont shares last traded […]

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Newmont (NYSE:NEM) Shares Gap Down  on Analyst Downgrade

Newmont Corp (TSX: NGT) has entered into an arrangement to sell off another gold asset as it continues to drop assets following its purchase of Newcrest Mining last year. The latest asset to be disposed of is the Eleonore operation in Northern Quebec. The asset, which last quarter produced 54,000 ounces of gold at an all-in sustaining cost of $1,924 an ounce, has been sold to Dhilmar Ltd, which is a newly incorporated, UK-based private company. …

Newmont strikes $795M gold mine sale

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