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NEWMONT SELLS ENTIRE ORLA STAKE FOR ABOUT $439 MILLION IN DIVESTITURE PUSH

https://media.zenfs.com/en/reuters-finance.com/0735168a2e1f720d1ec2f4b2c530e18a
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✍️  Newmont, a gold miner, sold its stake in Orla Mining for $439 million as part of its divestiture program.
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👉 Newmont sold its stake in Orla Mining for $439 million
👉 The company disposed of 43 million shares at $10.14 per share
👉 Part of Newmont's divestiture program to trim its workforce and cut debt
👉 Aims to unlock more than $2 billion in cash through portfolio optimization

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#TomPalmer #Bengaluru #Ontario #Australia #business
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