Newmont to sell mines after Newcrest acquisition: will NEM stock rise?
Denver-based mining giant Newmont Corporation (NYSE: NEM) has completed its acquisition of Australia’s largest gold miner, Newcrest Mining Ltd., in a historic $19.5 billion all-stock transaction. This significant move has created waves in the mining industry, with Newmont now turning its attention to optimizing its asset portfolio and fueling further growth. Newcrest acquisition elevates Newmont’s […]