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Newmont Corporation to Sell Common Shares of Fuerte Metals Corporation in Secondary Transaction

Dec 18, 20256 months ago

Contract Type

agreement

DenverMiningPrecious MetalsMineralMining Technology

Description

Newmont Corporation has announced the sale of 6,773,641 common shares of Fuerte Metals Corporation for approximately CAD$29.5 million. This secondary transaction is expected to complete within one week and will reduce Newmont's ownership in Fuerte to about 19.5%.

Company Information

Company

Newmont Corporation

Location

Denver, Colorado, United States

About

Newmont is the world’s leading gold company and a producer of copper, zinc, lead, and silver. The company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. Newmont is an industry leader in value creation, supported by robust safety standards, superior execution, and technical expertise. Founded in 1921, the company has been publicly traded since 1925.

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