Newmont Q1 Earnings: A Solid Buy-The-Dip Candidate (NYSE:NEM) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
Next Major Silver Mine - Southern Silver Exploration nai500.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nai500.com Daily Mail and Mail on Sunday newspapers.
Newmont plans to sell Cripple Creek & Victor in Colorado and five of the other smaller mines in its worldwide portfolio to focus on its 10 Tier 1 assets, including Nevada Gold Mines’ Carlin, Cortez and Turquoise Ridge.
With the completion of the Newcrest takeover, Newmont (ASX:NEM), the world's leading gold producer, is set to divest seven mines and two projects, aiming to generate $US2 billion ($3.05 billion) in cash.