Newmont to sell Musselwhite mine in Ontario

Newmont Announces Sale of Musselwhite for up to $850 Million
DENVER, November 18, 2024 -- ( BUSINESS WIRE )-- Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) ("Newmont" or the "Company") announced today that it has agreed to sell its Musselwhite operation in Ontario, Canada, to Orla Mining Ltd ("Orla") for up to $850 million in total consideration.
Newmont to sell Musselwhite mine in Ontario to Orla for up to $850M
Newmont (NYSE:NEM) said Monday it agreed to sell its Musselwhite gold mine in Ontario from Orla Mining (ORLA) for as much as $850M, comprised of an up-front cash consideration of $810M and a gold-price linked contingent consideration of $40M.
Newmont announces sale of Musselwhite for up to $850M
Newmont Corporation (NEM) has agreed to sell its Musselwhite operation in Ontario, Canada, to Orla Mining (ORLA) for up to $850 million in
Orla buying Musselwhite gold mine from Newmont for up to US$850-million
Vancouver-based Orla has agreed to pay US$810-million in cash to Newmont and up to US$40-million more contingent on gold trading above certain levels over the next two years.
Orla Mining buys Newmont’s Musselwhite gold mine
Gold miner Newmont has reached an agreement to sell its Musselwhite mine to TSX-listed Orla Mining for up to $850-million. The transaction, announced on Monday, marks the first sale of several Canadian assets that the US-based gold miner has identified for divestment.
Orla Mining Announces Strategic Expansion into Canada with Acquisition of the Musselwhite Gold Mine
CNW/ - Orla Mining Ltd. (TSX: OLA) (NYSE: ORLA) ("Orla" or the "Company") is pleased to announce it has entered into a definitive agreement (the
Orla Mining to buy Newmont's Ontario mine in $850 million deal
Orla Mining will buy the Musselwhite Gold Mine in Ontario from Newmont in a deal valued at $850 million that will help more than double its production of the precious metal, the Canadian miner said on Monday.
Newmont Sells Canadian Gold Mine for $850 Million in Latest Deal
Newmont Corp. agreed to sell its Musselwhite gold mine in Ontario to Orla Mining Ltd. for up to $850 million as part of a divestment campaign designed to boost shareholder returns.Most Read from BloombergIn Cleveland,
Gold miner Newmont leaps on agreement to sell Musselwhite for up to $850 million
Investing.com - Goldminer Newmont Goldcorp Corp (NYSE:NEM) shares gained on Monday following the sale of its Musselwhite gold mine to Orla Mining Ltd (NYSE:ORLA)in a deal valued at $850 million. RBC (TSX:RY) Capital Markets,
Orla Mining to buy Newmont's Musselwhite gold mine project in Ontario
Canadian miner Orla Mining said on Monday it would buy the Musselwhite Gold Mine in Ontario from Newmont in a $850 million all-cash deal, part of which is contingent on gold prices. Orla said the deal will be funded through a combination of cash,
Orla Mining signs deal to buy Musselwhite gold mine in Ontario from Newmont
Orla Mining Ltd. has signed a deal to buy the Musselwhite gold mine in Ontario from Newmont Corp. Under the deal, the company will pay US$810 million plus up to an additional US$40 million, depending on the price of gold after the deal closes.
Orla signs $850m deal to acquire Musselwhite Gold Mine from Newmont
This acquisition is set to significantly expand Orla's gold production capabilities and enhance its free cash flow.
Newmont Strikes Deal To Sell Musselwhite Gold Mine, Bolstering $2 Billion Asset Sales Streak
Newmont Corp sells Musselwhite mine in Ontario to Orla Mining (ORLA) for up to $850 million in cash & contingent payments, pushing total divestment proceeds past $2 billion.
Northern Ontario Business11h
Musselwhite Mine has a new owner
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Colorado company sells Canadian gold mine for nearly $850M
Newmont Corp. is selling an Ontario, Canada gold mining operation to Vancouver-based Orla Mining Ltd. for up to $850 million.
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